What is Polygon

Polygon (MATIC) is both a cryptocurrency and blockchain scaling platform. Polygon connects and grows Ethereum-compatible blockchain

How much mint do I need for a Polygon? To mint on Polygon, the standard fee is less than US$0.01 per transaction! This means our users will be able to enjoy a cost-effective NFT experience

Polygon (MATIC): An Unparalleled Performance

The actual strength of the Polygon Multi-chain Network lies in the fraud-proof mechanism. By implementing PoS at the ‘CheckPoint Layer’ as well as delegates at the block producer layer, MATIC ensures optimum decentralization. This mechanism requires users to submit details of any fraudulent transactions suspected. As a result, fraudulent cases are slashed. This mainchain security is supplementary to the PoS protocol security on the sidechains.

Another feature of the Polygon Network is the implementation of Plasma which is built on state-based sidechains running on EVM. This helps Polygon Network give scalability for generic smart contracts. The public ‘CheckPoint Layer’, which works on periodic intervals, makes the network permit sidechains to operate at high speeds while publishing the checkpoints in batches.

Layer scaling solutions with decentralization are the ultimate Polygon price objectives. The expanse is vast and does not limit itself to financial decisions, transactions/trades but other casual dApps like games, etc. Another benefit with Plasma Cash is that MATIC harnesses use checkpoints for 1-second block times (with PoS layer).