Polygon

E773505

Polygon is a popular Ethereum scaling platform that provides a framework for building and connecting fast, low-cost, and interoperable blockchain networks.

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Surface form Occurrences
MATIC 0

Statements (50)

Predicate Object
instanceOf Ethereum layer-2 solution
blockchain network
blockchain scaling platform
cryptocurrency
software platform
abbreviation Polygon PoS NERFINISHED
aimsTo enhance user experience on Ethereum
improve Ethereum scalability
reduce transaction fees
builtOn Ethereum NERFINISHED
category blockchain infrastructure
layer-2 scaling solution
compatibleWith Ethereum Virtual Machine NERFINISHED
ecosystemIncludes DeFi protocols
NFT platforms
decentralized applications
enables deployment of Ethereum dApps with lower fees
formerlyKnownAs Matic Network NERFINISHED
foundedBy Anurag Arjun NERFINISHED
Jaynti Kanani NERFINISHED
Mihailo Bjelic NERFINISHED
Sandeep Nailwal NERFINISHED
governedBy Polygon community
hasFeature high throughput
interoperability with Ethereum
low transaction costs
launchYear 2017
nativeToken MATIC NERFINISHED
networkType proof-of-stake sidechain
provides fast transactions
interoperable blockchain networks
low-cost transactions
scaling solutions for Ethereum
rebrandedFrom Matic Network NERFINISHED
rebrandYear 2021
securityModel proof-of-stake validators
supports ERC-20 tokens
ERC-721 tokens
Ethereum-based tokens
Ethereum-compatible blockchains
bridges between Ethereum and Polygon
smart contracts
token MATIC NERFINISHED
usedFor governance on Polygon
staking on Polygon
transaction fees on Polygon
uses Plasma chains
Polygon PoS chain NERFINISHED
rollup technologies
website https://polygon.technology

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RenVM supports Polygon