It is a protocol and framework for building and connecting Ethereum-compatible blockchain networks.
A token that was IEO'd on the virtual currency exchange Binance in April 2019.
The token is mainly based on Plasma (sidechain technology).
The sidechain can process up to 65,000 transactions per second, and the block confirmation time is less than two seconds.
After the rebranding, Polygon is now a platform that can use various layer 2 technologies such as Optimistic Rollup, zk Rollup, and standalone chains in addition to the matic network. However, after the rebranding, Polygon became a platform that can use various layer 2 technologies such as Optimistic Rollup, zk Rollup, and standalone chains in addition to matic networks.
There are projects using the Polygon architecture at Polymarket, Aavegotchi, Decentralized Games, SportX, EasyFi, Neon District, etc.
In the future, Polygon will not compete with Ethereum, even after Ethereum moves to PoS.
Polygon can be purchased on Binance, etc.
Official website : https://matic.network
Twitter : https://twitter.com/maticnetwork
Github : https://github.com/maticnetwork