2 months ago
1 min read
Polygon (MATIC) explained in simple terms
Polygon (formerly known as Matic Network) is a blockchain platform that provides a suite of tools and services for building and deploying decentralized applications (DApps). Polygon is designed to be an easy-to-use and scalable platform that enables developers to quickly and efficiently build and deploy DApps on the Ethereum network. Polygon uses a hybrid proof-of-stake and proof-of-authority consensus mechanism, which allows for faster and cheaper transactions than other networks. The platform also offers a range of services, such as security audits, developer tools, and community support, to help developers build and launch DApps on the Polygon network. Overall, Polygon is
