Polygon is a Cryptocurrency that has gained tremendous popularity in recent times due to its scalability, security, and ease of use. It was created in 2017 under the name Matic Network, but in 2021 it changed its name to Polygon to better reflect its focus on building scalable solutions for blockchain.
Polygon’s underlying technology is a Layer 2 protocol that runs on the Ethereum network. This means that users can use Polygon to perform transactions and smart contracts faster and more efficiently on the Ethereum network, since transactions are executed on the Polygon subchain instead of on the Ethereum mainchain.
Polygon’s project focuses on three main areas: creating scalability solutions for blockchain, improving the user experience, and building a development infrastructure for creating decentralized applications (dApps).
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Great Scalability: Polygon has been designed to be highly scalable and resource efficient. This means that it can handle a large number of transactions at once, making it ideal for applications that require high transaction volumes, such as online gaming and Cryptocurrency exchanges.
High level security: Polygon has a very high security standard throughout its system. It uses a Proof-of-Stake (PoS) consensus system, which requires network participants to have a certain number of Polygon tokens to validate transactions. This makes the network less vulnerable to malicious attacks and corruption.
Payment system and creation of decentralized applications: Among the most common uses of Polygon are Cryptocurrency transactions, payments for services and products, and the construction of decentralized applications (dApps). Developers can use Polygon to build dApps that can interact with other apps on the Ethereum chain.
Great adoption worldwide: Polygon has been adopted by a number of major projects, including Aave, Curve, and SushiSwap, which have migrated from the Ethereum network to Polygon due to its scalability and cost benefits.
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Ccoins is the fastest and safest platform to trade crypto assets
No, at Ccoins we have created a very intuitive and simple system so that all people, whether they are experts or apprentices, can easily acquire Cryptocurrencies such as Polygon MATIC through Ccoins Flip.
Yes, with Ccoins you can send any Cryptocurrency including MATIC, and the best thing is that you can send it to whoever you want and to the country you want at a low cost.
MATIC is a very important Cryptocurrency within the Crypto ecosystem today since the Polygon network has grown in popularity due to its advantages and functionalities it offers, which makes it an indispensable Cryptocurrency in our portfolio.
