Polygon (MATIC)
Polygon, initially known as Matic Network, is a pioneering platform designed for Ethereum scaling and infrastructure development. It is structured to be user-friendly and well-organized, providing a comprehensive solution for developers seeking to build and scale applications on the Ethereum blockchain. Polygon has become a key player in transforming Ethereum into a fully operational multi-chain system, often referred to as the "Internet of Blockchains."
The evolution from Matic Network to Polygon
Originally launched as Matic Network, the project aimed to address Ethereum's scalability issues by using a Plasma-POS (Proof of Stake) chain. As the project evolved, it rebranded to Polygon to reflect its expanded vision and capabilities. Polygon retained the original Plasma-POS chain technology, ensuring continuity for existing applications while introducing new features to accommodate diverse developer needs.
| Ticker | MATIC |
| Category | Smart Contract Platform |
| Website | https://polygon.technology/ |
| @0xPolygon | |
| Telegram | polygonofficial |
| https://www.reddit.com/r/maticnetwork/ | |
| Contract Addresses | |
|---|---|
| ethereum | 0x7d...b0 Copied! |
| moonriver | 0x68...d8Copied! |
| harmony-shard-0 | 0x30...c5Copied! |
| moonbeam | 0x34...45Copied! |
| energi | 0x98...36Copied! |
| sora | 0x00...77Copied! |
| binance-smart-chain | 0xcc...bdCopied! |
Core components of Polygon
Polygon SDK
The cornerstone of Polygon's infrastructure is the Polygon SDK, a modular and flexible framework. This SDK is designed to support the development of a wide range of applications, offering various scaling solutions such as Optimistic Rollup chains and ZK Rollup chains. Additionally, it supports the creation of standalone chains and other infrastructure types required by developers. This flexibility makes it an attractive choice for developers looking to build custom blockchain solutions with ease.
Multi-chain system
Polygon effectively enhances Ethereum by transforming it into a multi-chain system. This system is comparable to other blockchain ecosystems like Polkadot, Cosmos, and Avalanche, while leveraging Ethereum's established security, vibrant ecosystem, and openness. By offering this multi-chain architecture, Polygon provides developers with the tools necessary to create scalable and interoperable blockchain applications.
The role of the MATIC token
The MATIC token, originally part of the Matic Network, remains integral to the Polygon ecosystem. It plays a crucial role in securing the network and facilitating governance. As Polygon continues to expand and develop, the importance of the MATIC token is expected to grow, further embedding it within the platform's operational framework.