Polygon

What is Polygon?

Polygon is a layer-2 scaling solution for Ethereum, designed to increase network capacity and reduce transaction fees.

It uses a proof-of-stake consensus mechanism and allows for faster and cheaper transactions compared to the main Ethereum network.

Polygon also supports interoperability with other blockchains, enabling assets to move seamlessly between different networks.

Polygon has gained popularity due to its ability to offer fast and efficient transactions at a lower cost, making it a promising platform for dApp development and blockchain-based solutions.