Ethereum is so freaking cool but fundamentaly has 3 major problems:
1) Expensive to transact.
2) Massive ecological footprint.
3) Transactions are slow.
Polygon MATIC addresses and fixes all 3 of these issues, it is SCALABLE!
This means that when you send someone $5, they get $5 and it only costs fractions of a penny to transact 🙂
Ethereum’s Internet of Blockchains
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.
Built by developers, for developers
Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
It is able to fully benefit from Ethereum’s network effects
It is inherently more secure
It is more open and powerful.