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What is Polygon (MATIC)?

Polygon (MATIC) is a layer-2 scaling solution designed to enhance Ethereum's capabilities by providing a framework for building Ethereum-compatible blockchains. It essentially acts as a supplementary layer to Ethereum, improving its scalability and reducing transaction fees without altering the original chain. As a multi-level platform, Polygon allows developers to launch interoperable blockchains using its Software Development Kit (SDK). Its core features include a Proof-of-Stake (PoS) consensus mechanism where validators stake MATIC to secure the network and earn rewards. Polygon uses PoS 'checkpointing' to accelerate transaction speeds while maintaining decentralization by anchoring checkpoints to the Ethereum main chain. Polygon supports various scaling methods such as Plasma Chains, z...

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Global prices

MATIC / DKKDanish Krone

1.518429

MATIC / GBPBritish Pound Sterling

0.171498

MATIC / HKDHong Kong Dollar

1.819452

MATIC / INRIndian Rupee

19.883779

MATIC / JPYJapanese Yen

33.596728

MATIC / MXNMexican Peso

4.418876

MATIC / AUDAustralian Dollar

0.369204

MATIC / TRYTurkish Lira

8.827297