Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on April 18, 2021, 06:46:34 PM
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Polygon is a framework for creating interconnected blockchain networks, formerly known as Matic Network. It attempts to solve some of Ethereum’s main limitations such as low throughput (15 tps) and poor user experience resulting from slow and expensive transactions.
While Matic Network was a simple scalability solution that uses Plasma technology to process off-chain transactions before finalizing them on Ethereum’s Layer 1, Polygon is designed to support the launch of interoperable blockchains.
The sidechains launched on Polygon are able to communicate both with each other and with the Ethereum mainchain. This interoperability aims to create a fast, secure and efficient ecosystem of dApps with new use cases. Source (https://cryptonews.net/551680/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)