What is Polygon blockchain?
Polygon is referred to as the Matic network, which is compatible with the Ethereum platform, and this blockchain scalability framework helps to connect and build blockchain networks. The main mission of Polygon is to provide scalable solutions and help to preserve the multi-chain Ethereum ecosystem. Polygon network is known as a layer two aggregator as it aims to develop the multi-chain ecosystem of Ethereum. A polygon has its native token known as $MATIC, which helps power the network and acts as a polygon’s utility token.
Polygon is a modern and well-known blockchain system that has emerged as the best alternative solution for reducing the mounting gas and throughput fees of the Ethereum platform. Blockchain developers and business owners consider Polygon a gold standard irrespective of bottlenecks present in the Ethereum platform. Polygon blockchain helps to take Ethereum a step further since it develops a multi-chain ecosystem and has become Ethereum’s cooperative and fully autonomous blockchain technology. Polygon owners can easily plug into the Ethereum blockchain to enjoy all the features it supports and maintain superior throughput and sovereignty of the Polygon network.