Polygon (formerly Matic Network) is a leading Layer 2 scaling solution for Ethereum, designed to enhance scalability and infrastructure development. Its core technology, the Polygon SDK, supports modular and flexible frameworks for building diverse blockchain applications.
Key Features of Polygon
- Scalability: Processes up to 65,000 transactions per second per sidechain.
- Interoperability: Plans to support multiple base chains beyond Ethereum.
- Security: Uses Proof-of-Stake (PoS) checkpoints and fraud-proof mechanisms.
- MATIC Token: Powers transactions, staking, and governance within the ecosystem.
Why Polygon Stands Out
- Ethereum Compatibility: Seamlessly integrates with Ethereum’s DeFi ecosystem.
- Low Fees: Sidechains reduce transaction costs significantly.
- Fast Finality: Blocks are finalized in under 2 seconds.
MATIC Tokenomics
- Circulating Supply: 4.87B MATIC (as of 2025).
- Max Supply: 10B MATIC.
Distribution:
- Team: 16%
- Advisors: 4%
- Ecosystem: 23.33%
- Staking Rewards: 12%
Polygon’s Security Model
- PoS Validators: Secure the network by staking MATIC.
- Delegation: Users delegate tokens to validators for passive rewards.
- Fraud Proofs: Ensure trustless cross-chain transactions.
Where to Buy MATIC
Top exchanges for MATIC trading:
- Binance
- Coinbase Pro
- UniSwap
- Huobi Global
FAQ
What is Polygon’s upgrade to POL?
The transition from MATIC to POL (Polygon Ecosystem Token) has begun on Ethereum’s mainnet. Learn more here.
Who founded Polygon?
- Jaynti Kanani (CEO): Ex-data scientist at Housing.com.
- Sandeep Nailwal (COO): Former CTO at Welspun Group.
- Anurag Arjun: Product management expert.
How does Polygon compare to competitors?
Polygon outperforms Polkadot and Cosmos in Ethereum-native interoperability and adoption, with 50+ dApps currently deployed.
Future of Polygon
- Polygon 2.0: Focused on zero-knowledge proofs and cross-chain coordination.
- Expansion: Aims to become the "Internet of Blockchains" by supporting additional base chains.
For real-time MATIC price updates, visit CoinMarketCap.
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