Advantages of Polygon (MATIC) Networks
✅Polygon(MATIC)
Polygon It is a highly structured platform that facilitates the scalability of the Ethereum network and the installation of the underlying infrastructure. At the core of Polygon is the “Polygon SDK”, a flexible and modular framework for building various types of applications. By that I mean protocols and frameworks for building and connecting Ethereum-enabled blockchain networks. Polygon integrates scalable solutions into Ethereum that support the multi-chain Ethereum ecosystem, efficiently transforming the Ethereum network into a “complete multi-chain system”.
✅BackGround
Polygon Coin is called Matic Network and was rebranded to Polygon in February. Polygon is a blockchain internet powering the performance of Ethereum, providing an on-demand scaling solution for cryptocurrency projects and enterprises. Through Polygon’s core Polygon SDK, it aims to address and integrate all kinds of solutions. Polygon is a Layer 2 coin that works on Layer 1 of existing blockchain networks such as Ethereum to compensate for Layer 1’s shortcomings.
✅Point
The biggest features of polygons are divided into 8 types. △ETH Compatibility: Industry Dominance, Established Tech Stack, Tools, Languages, Standards, Enterprise Adoption △Scalability: Dedicated Blockchain, Scalable Consensus Algorithm, Custom Wasm Execution Environment △Security: Ethereum or Pro Variants Services provided by a pool of data” △ Sovereignty: dedicated throughput or resources, fully customizable technology stack, sovereign governance △ Interoperability: native support for passing arbitrary messages (tokens, contract calls, etc.), external systems △ User Experience: Same as Web2, “zero gas transactions, instant transaction finality △ Developer Experience: Same as Ethereum, no protocol level knowledge required, no token deposits, fees, permissions, etc.
✅Future
Polygon can be considered in line with the Ethereum outlook as it is the cryptocurrency used in the blockchain system included in the Ethereum ecosystem. Polygon’s founder said Ethereum could overtake Bitcoin and Polygon’s scalability solution could play a key role in Ethereum’s growth. Additionally, industry experts predict that if Ethereum survives the competition from Solana and Avalanche and shows continued growth, Polygon could also show high growth within the Ethereum ecosystem.
