Ali Somuk 
What’s Polygon (MATIC)?
Polygon (MATIC) is a platform for building and scaling Ethereum-compatible blockchains. It was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. The platform’s native token is $MATIC. In February 2021, Polygon was rebranded from Matic Network.
Polygon is a subsidiary blockchain that operates independently of the Ethereum network. It has its own nodes and block producers. Polygon is an easy-to-use Ethereum-based platform. The platform benefits from Ethereum’s positive developments because it uses Ethereum’s infrastructure. It also maintains reliable operation thanks to the Ethereum infrastructure.
Scaling technologies provided by Polygon
Polygon PoS is a technology that uses sidechains to process transactions, achieving exceptional transaction speeds and cost reductions. It also maintains asset security using powerful Plasma bridging technology and a decentralized Proof-of-Stake (PoS) validator network. Polygon PoS is currently active.
Hermez zk-rollup is a Layer 2 scaling solution built on Ethereum that solves scalability by batching transfers into a single transaction. It uses zero-knowledge proofs (ZKPs) to verify the validity of these transactions on the Ethereum blockchain. This allows Hermez to achieve high throughput and low fees while maintaining the Ethereum network’s security. Hermez is currently under development.
Polygon Edge is a modular framework that allows you to create your own private or public blockchain network, with fully configurable features. It is Ethereum-compatible and adheres to modular architecture principles.
Who are the founders of Polygon?
Polygon is managed by a passionate team committed to a decentralized future. The team is led by co-founders Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.
Tokenomics of Polygon
- Ecosystem %23.3
- Foundation %21.9
- Binance Launchpad %19
- Team %16
- Staking Rewards %12
- Advisors %4
- Private Sale %3.8
- Max Supply 10,000,000,000
- Total Supply 10,000,000,000
- MarketCap $5,972,007,978
- Total Circulating Supply 9,289,469,069 $MATIC
Where Can I Buy Polygon?
Polygon is listed on Binance, the world’s most trusted and largest cryptocurrency exchange. You can buy Polygon on Binance by signing up with our 20% lifetime commission discount link.
You can learn all the news, announcements, and analyses about Polygon by following our Telegram and YouTube channels.