About Polygon

Polygon Network (MATIC) is a decentralised platform and cryptocurrency that is focused on providing fast and secure transactions for decentralised applications. It was created as a scaling solution for Ethereum and is designed to improve the user experience and increase the adoption of decentralised applications by providing a more scalable and accessible infrastructure. MATIC is the native cryptocurrency of the Polygon Network and is used to pay for transaction fees and computational services on the network. One of the key features of Polygon Network is its use of a unique layer 2 scaling solution, which allows it to process a large number of transactions off-chain and then settle them on-chain. This results in faster and cheaper transactions compared to traditional on-chain transactions. Polygon Network is also focused on providing a secure and decentralised infrastructure for the development and execution of decentralised applications. It uses a proof-of-stake consensus mechanism, which is designed to be more energy-efficient and secure than proof-of-work mechanisms used by other cryptocurrencies.