MATICUSD

--Polygon CCC

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Polygon (MATIC)?

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  • Polygon is a platform that supports mass Ethereum scalability and interoperability. The platform's goal is to reduce the Ethereum network's current congestion and gas fees through the use of Polygon's proof-of-stake sidechains. Each sidechain can handle roughly 65,000 transactions per second. The sidechains allow users to retain all the benefits of the Ethereum network while reducing the transaction costs, therefore increasing the feasibility of mass adoption. MATIC tokens pay for Polygon sidechain transaction fees. MATIC tokens are also ERC-20 tokens.
  • Polygon, initially named the Matic Network, was founded by Sandeep Nailwal and Anurag Arjun in 2017. Both of the founders have extensive blockchain development experience, particularly with the Ethereum network.
  • The maximum circulating supply is 10,000,000,000 MATIC.

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Polygon News
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