Blockchains have already come a long way from their initial release. Bitcoin's Proof of Work consensus mechanism led way to Ethereum's Proof of Stake method, but that was just the beginning. Blockchain technology will continue to develop and evolve to compete against the blockchain trilemma of balance between security, scalability, and decentralization. One method to combat the trilemma is through the use of side chains.

Polygon is a layer 2 scaling platform and side chain for the Ethereum blockchain. Side chains are a separate blockchain that run alongside another known as the "parent" chain. Polygon has the ability to process up to 65,000 transactions per second (TPS), where as Ethereum is stuck at just 30 TPS. In addition, unlike Ethereum gas fees, Polygon is extremely cheap to use. Though these two factors have likely incentivized dApp development on the Polygon network, which boasts more than 19k dApps have used the platform to scale, it is just the beginning of what they offer. 

Polygon's token, MATIC, reached it's all time high on 12/27/2021 with a price of $2.92 USD. It reached it's all time low on 5/9/2019 with a price of $0.003012 USD. It is trading at a price of $0.6475 USD as of 6/9/2022. Prior to making any financial investments, please be sure to consult a financial expert and complete your own research. If you would like to learn more about Polygon, check out their website, Polygon Light Paper, or MATIC White Paper. You can also snoop around on their Twitter and Reddit for funsies!

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