Description
Polygon (formerly Matic Network) brings about a new revolution by delivering easily scalable and cost-effective solutions to the problems of the world's most famous blockchain - Ethereum. Its transition expands to a multi-chain system compatible with Ethereum, envisioning an "Internet of Blockchains." Powered by proof of stake (PoS), Polygon promises efficiency and lower costs compared to Ethereum's proof of work (PoW). Its decentralised nature which supports diverse kinds of dApps from gaming to DeFi platforms will improve the scalability aspect. It contributes to the fast development of the ecosystem: users, developers, and investors are attracted by thriving ecosystems; in this situation, the MATIC token leads to multiple kinds of roles. Read more: https://simplyfycrypto.com/polygon-crypto-fundamental-for-polygon/
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