Polygon MATIC Network Explained | 2 Minute Crypto

 

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Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer.

Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness.

Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

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Polygon MATIC Network Explained | 2 Minute Crypto

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39 comments

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  2. I just started crypto.any idea πŸ’‘ on how I can have a profitable investing in crypto without incurring too much loss??

  3. Jeez!… Mrs Olivez3 success story is everywhere, lol. I really thought that am the only one that knows her well.
    I guess her good reputation speaks for her too

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  8. So i try to inform you of some big news and you just delete it. Is that because Matic have actual solid competition and they’re paying you for this video. Well im not put my money in Matic. My money is going into Nahmii

  9. Nahmii has better technology than Matic guys. Why would the Central Bank of Norway choose Nahmii over Matic??? πŸ€” Hmmm. because its better

  10. Ha! Good luck with that! Well I guess you can buy only when the streets are bloody and sell when buyers are greedy! But even that’s not guaranteed, just look at Luna.

  11. *The crypto market has been down in the past weeks, I’m most certainly very impatient how can I ever make a profit in the crypto market*

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  14. trading crypto now will be wise but trading on your own will be a risk I think it will be best to get a professional

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