About Polygon

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...