Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polygon MATIC Forum => Topic started by: crypto samuel on April 22, 2022, 03:14:51 PM
-
Polygon is a secondary Ethereum scaling solution. It is a layer-2 solution is a blockchain that runs in parallel to a mainnet but processes transactions outside of it, leading to higher transaction throughput and cheaper gas prices.
Rather than creating their own blockchain, these solutions build on top of an existing one. In this case, Polygon is built on Ethereum, which has gotten increasingly slow and expensive to use as it has grown in popularity.
Polygon is a cryptocurrency that is formerly known as MATIC as well as a technology platform that connects and scales blockchain networks. It was introduced in 2019 to overcome many Ethereum blockchain restrictions, including transaction speed, throughput, and gas prices.
While maintaining the security, interoperability, and structural benefits of the Ethereum blockchain, the Polygon platform can boost the flexibility, scalability, and independence of a blockchain project.
Polygon's native coins, MATIC, are Ethereum-based ERC-20 tokens. The tokens are utilized as a settlement currency between Polygon users and for payment services on the platform. MATIC coins are also used to pay for transaction fees on Polygon sidechains.
Polygon is a new blockchain technology that has recently emerged.
-
I think it would be helpful if you can also include the site where you just copied the whole thing from. Here it is: https://thecoin.news/articles/polygon-network-layer-scaling-ethereum-1650313572717
-
Yes, this way to raise your rank or earn karma is a dubious initiative. It is important to always indicate the source from which the information was drawn, well, the rules of good order such as design, inserting pictures and so on - no one canceled.
-
afflicted with higher transaction fees on the ethereum platform, other platforms as well as low-cost ones have emerged, polygon is one of the cheapest, unfortunately the platform used is the same as ethereum, so if eth2.0 is proven to be able to cut costs cheaply and the speed keeps increasing. it is certain that polygon will experience problems and will likely be abandoned, clearly different from other platforms such as bsc which will still be able to continue to be used.
-
I would really support Polygon right now. This is primarily because Polygon blockchain is also listed on Opensea, which makes it have high volume of people visiting it and a better marketplace than most other emerging NFT marketplaces. Of course, if Opensea supports minting the NFTs on Polygon i would probably have to re-evaluate my thoughts.
-
Polygon have since proven itself as a remarkable Ethereum layer2 solution with it mapping technology, considering the level of growth that Ethereum have attracted to itself with so many giant businesses relying on it solution, Polygon Matic will only always do well as your goto layer2 solution to Ethereum's bottlenecks. i have been quite a user of it swift blockchain for over a year now, never regret their speed and cost.
-
I think this network is underestimated today, the blockchain works stably without any delays, I do not remember that there were overloads in this network, I personally use the network myself and am very satisfied, so Matic should occupy the top 10 CMC.
-
afflicted with higher transaction fees on the Ethereum platform, other platforms, as well as low-cost ones, have emerged, polygon is one of the cheapest, unfortunately, the platform used is the same as Ethereum, so if eth2.0 is proven to be able to cut costs cheaply and the speed keeps increasing. it is certain that polygon will experience problems and will likely be abandoned, clearly different from other platforms such as BSc which will still be able to continue to be used.
I think Polygon will not be sleeping this to happen. They will keep adding values to the network that will make them relevant in the crypto market
-
The history of the establishment of the Polygon Network is to overcome transaction barriers on the Ethereum network ranging from high gas fees and transaction speed, by leveraging new sidechain solutions and off-chain technologies.
-
Polygon is a cryptocurrency network that resolves transactions at low gas fees. Due to the high fees on the Ethereum network, people search for solutions for transactions on other networks. In this way, Polygon Wallet has emerged as the right option.
-
Polygon is a rapidly emerging blockchain network whose transactions operate at fast and affordable fees. Polygon, formerly known as Matic Network, is a scaling solution that aims to improve the speed and cost of transactions on blockchain networks and New improvements have to be provided to reduce complications.
-
Previously, Polygon was just layer-2 for Ethereum, but now Polygon has its own ecosystem and has grown to compete directly with Ethereum. I am using Polygon and am very satisfied with the high speed and low cost of this blockchain.
-
A very good and convenient platform that is similar to the Ether platform, it is good that the commission in this platform is still very low and is only developing compared to the Ether platform.
-
Polygon works very quickly and with very low transaction fees. Polygon ( Matic Network) was launched in October 2017. Polygon is one of the multiple blockchains achieving carbon neutrality. That initiative is part of Polygon's Green Manifesto, which aims to focus on sustainable development for blockchain.
-
Polygon, formerly known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and complexities of transactions on blockchain networks.
-
LOL, That's now how to activate your account just to place links :P
-
I think it would be helpful if you can also include the site where you just copied the whole thing from. Here it is: https://thecoin.news/articles/polygon-network-layer-scaling-ethereum-1650313572717
Thanks friend for the information and I have tried clicking on the link but unfortunately the website is overloaded, rejected and it says 502 in green and gray.
It seems that where I live the website is blocked and this is a fundamental mistake in the government for the Ministry of Communications. But no problem with this, because forum Altcoinstalks give me a new thread.
For the Matic blockchain, it is very good to recommend because Matic has become famous because of the many features it has, so that the use of Matic coins on various platforms has increased drastically and the price has increased every day.
-
I hope i'll get Retrodop from zkEVM because every testnet like as Arbitrum,Arbitrum and other chain also have a Retrodrop . This is my hope from Polygon Matic.
According to my reasoning, Polygon Network is a coin created on IEO Binance which is supported by most people from India and has very fast speeds for every transaction m, with very capable features such as EVM and now L2 has been created with the zkEVM type.
We have discussed a lot with Polygon Matic because of the many and very sophisticated features of Polygon Matic, even now zkEVM has developed on the Polygon Matic blockchain, I admire it and I have tried it from the testnet until now because I am also hunting for Retrodrop on zkEVM .
-
Polygon Network, formerly Matic Network, is an Ethereum scaling solution that increases its speed, allowing for higher transactions and cheaper gas prices. Formerly known as MATIC, it is a technology platform that connects blockchain networks. In this way eth2.0 remains in glory. Polygon helps build successful decentralized applications
-
Polygon is a blockchain that enables very fast transactions. Polygon is one of my favorite coins. It was earlier known as Metic but is now better known as Polygon. Through this you can easily transact at very low cost. Its gas fee is lower than Ether which gives you a bit more advantage.
-
I think it would be helpful if you can also include the site where you just copied the whole thing from. Here it is: https://thecoin.news/articles/polygon-network-layer-scaling-ethereum-1650313572717
This shows how some account here are just plagiarizing works of others and now they are claiming to be their works so thanks for pointing this up here mate.
Polygon is a blockchain that enables very fast transactions. Polygon is one of my favorite coins. It was earlier known as Metic but is now better known as Polygon. Through this you can easily transact at very low cost. Its gas fee is lower than Ether which gives you a bit more advantage.
Lol Polygon (MATIC) is one and polygon is the name and matic is the call sign only ;D
-
Polygon Network, formerly Matic Network, is an Ethereum scaling solution that increases its speed, allowing for higher transactions and cheaper gas prices. Formerly known as MATIC, it is a technology platform that connects blockchain networks.
Thank you for explaining Polygon Matic to all members and that is the basic understanding of Polygon Matic coins.
What is more complex is those who have more Polygon Matic coins because occasionally they also seek profits from every trade in Polygon Matic coins in various markets.
Not to mention, I saw the newest feature of the Polygon Matic coin, namely zkEVM, which perhaps all members also know about the sophistication that zkEVM has, namely scaling Ethereum layer-2. But what I like the most is that the transaction fees for Polygon Matic coins are very cheap and fast.
-
Polygon (matic) known for its scalability that aims to make Ethereum more scalable and user-friendly by providing a variety of solution Including sidechains, optimistic rollups etc.. it makes it easier for developers to build on the platform, the polygon network is secured by its own proof of stake consensus mechanism, which separate Ethereum from proof-of-work consensus mechanism.