Browsing:Polygon

Polygon Matic
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

BitPay will begin accepting polygon-bridged cryptocurrencies like Ether, USDC, DAI, and wrapped Bitcoin later this week.
3 months ago 1 min read

BitPay launches USDC and ETH payments over the Polygon network

BitPay will begin accepting polygon-bridged cryptocurrencies like Ether, USDC, DAI, and wrapped Bitcoin later this week. On October 26, BitPay and Polygon announced the integration of Polygon on the BitPay app, allowing clients to spend Polygon-bridged ERC-20 tokens. Later this week, the BitPay app will explicitly prepare to allow payments in tokens such as the Polygon-based USD Coin (USDC). Circle created the USDC stablecoin on the Ethereum blockchain before transferring it to Polygon via the Polygon Bridge in June 2022. The Polygon USDC token is not the only Polygon-bridged token coming to BitPay. Bill Zielke, BitPay’s chief marketing officer, informed