Polygon

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What is Polygon?

Polygon (previously Matic Network) is a decentralized Ethereum scaling platform that enables developers to build user-friendly apps with low transaction fees. It was created in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon claims to be able to process up to 65,000 transactions per second with network fees of a fraction of a cent. The native token used to pay for transaction fees on Polygon is called MATIC, which has a maximum total supply of 10 billion. MATIC is an Ethereum-based ERC-20 token, but it can also be bridged to the Polygon network.
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Polygon News

Decrypt 7h
Decrypt's 2024 Person of the Year: Polymarket CEO Shayne Coplan

In brief Crypto-based prediction market Polymarket was a breakout success in 2024. The platform accurately predicted global events throughout the year, includi...

Decrypt's 2024 Person of the Year: Polymarket CEO Shayne Coplan
Benzinga 11h
Do You Know Warren Buffett's Berkshire Hathaway Has Positions In This Lesser-Known Crypto-Friendly Bank? Here's How The Stock Has Performed This Year

Legendary Wall Street investor Warren Buffett's anti-cryptocurrency stance doesn't need an introduction, and the "Oracle of Omaha" has consistently professed a...

Do You Know Warren Buffett's Berkshire Hathaway Has Positions In This Lesser-Known Crypto-Friendly Bank? Here's How The Stock Has Performed This Year
The Block 16h
Polygon community weighs proposal to deploy over $1 billion in stablecoin on its bridge for yield generation

The Polygon community is discussing a proposal to generate a yield from over $1 billion held on the PoS Chain bridge — the canonical bridge connecting the netwo...

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