{"id":313864,"date":"2021-12-15T23:56:25","date_gmt":"2021-12-16T04:56:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=313864"},"modified":"2023-12-31T00:27:47","modified_gmt":"2023-12-31T00:27:47","slug":"buy-polygon","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-polygon","title":{"rendered":"Where to Buy Polygon (MATIC)"},"content":{"rendered":"

Polygon, previously known as the Matic Network, is a scaling solution that provides various tools to improve the speed, lower cost, and simplify transactions on blockchain networks. At the core of Polygon’s idea is Ethereum, a platform that houses a variety of decentralized applications, including those that allow you to join virtual worlds, play games, buy art, and participate in various financial activities.<\/p>\n

However, Ethereum’s blockchain activity has rendered it nearly unworkable, as transmission costs are growing and traffic is becoming choked. Polygon bills itself as a layer-2 network, an add-on coating to ETH that does not change the original blockchain layer.<\/p>\n

Like its geometric namesake, Polygon has numerous sizes, shapes, and applications, and it promises a more straightforward structure for developing interconnected networks.<\/p>\n

Polygon aims to assist ETH in growing in size, security, efficiency, and utility and encourage developers to bring appealing products to market faster. After the rebranding, Polygon kept its MATIC cryptocurrency, the digital coin that powers the network. MATIC is utilized as a payment and settlement unit amongst network participants.<\/p>\n

On this Page:<\/h2>
Contents [show<\/span>]<\/div><\/div>