Everyone is talking about Crypto, every one wants to be part of it. Huge number of miners, investors, crypto writers, innovators and creators. Out of such creative minds came out MATIC Coin. Let's understand what it is.
What is Polygon?
Based in India's Bangalore, Polygon came out in 2017 under the name of MATIC coin. It was recently, re-branded into Polygon Coin. Simple team of 3 crypto enthusiastic came together to work on a brand new crypto. Jaynti Kanani started working on Crypto in October 2017 along with Sandeep Nailwal and Anurag Arjun. Their full team can be checked here: LINK
Here's Polygon's Official Website.
"Built by developers, for developers" as it says on their website. Polygon is a result of best of Ethereum along with best of blockchains. Issues like high gas fees, low speed are solved in Polygon.
With advantage like Low transaction fees, compatible with EVM - Ethereum Virtual Machine, it has a biggest disadvantage of being around with a lots of competition. There are a lot number of cryptocurrencies fighting to be the next Bitcoin.
3 Powerful points that attracts us to Polygon:
- More Secure
- More Open and Powerful
- Able to benefit from Ethereum's network.
To Conclude: In a long run, Polygon is going to be beneficial and solve a lot of problems related to blockchain.
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