Sirwin
Sirwin

Why I choose Polygon Matic?

By Martin Kelen | Industrial Design | 3 Nov 2022


First a bit of knowledge, as this official site wrote down:
Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.
Also they claim it is the most innovative and exciting platform to develop your blockchain application, for those users who develops digital applications
The main features are:
Speed The Polygon Network uses a high-throughput blockchain with consensus provided by a group of Block Producers selected by stakeholders at each checkpoint. A Proof of Stake layer is used to validate blocks and periodically post proofs of Block Producers to the Ethereum mainnet. This enables rapid block confirmation rates of about 2 seconds while preserving a high amount of decentralization, resulting in excellent throughput for the network.
Scalability Polygon Network achieves a hypothetical transaction speed of fewer than 2 seconds on a single sidechain. Using multiple sidechains helps the network to handle millions of transactions per second. This mechanism (already demonstrated in the first Matic sidechain) allows the Polygon network to scale easily.
Security Polygon's smart contracts rely on Ethereum’s security. To safeguard the network, it employs three critical security models. It uses Ethereum's staking management contracts and a group of incentivized validators running Heimdall and Bor nodes. Developers can also implement both models (Hybrid) into their dApp.
Polygon network is spreading at huge steps. In current news, Meta will introduce NFTs sells on this platform at Instagram,
and the Warren Buffett´s neobank choose it for its web3's tokens
Why I choose it over all others?
The current price is u$ 0,91 and several news in differents sites say it will increase by 200% in the short time
The APY in the wallet I save it, gives me a 5% interest rate
The GAS fees are ridiculously low
I live in Argentina, and since goberment prevent us (waged employee) to buy dollars or any more stable currency, I found this like a good choice to make some savigs

As all we known on this site, always Do Your Own Research (DYOR) but if you ask me as a friend, I tell you to bet some money on it
Thanks a lot for reading and to the next time!

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Martin Kelen
Martin Kelen

Well... Human at first, Industrial Designer graduated in UBA, Argentina I think come second. Comic drawer as an abandoned hobby, lover for making stuff of any type... and a procastinator who try to self fight. Husband, Father, High hopes


Industrial Design
Industrial Design

The charming of shapes, the intelligence making the functionallity and beauty working togheter. There are not just products, there are feelings

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