Blockchain and Cryptocurrency Beginner - Fundamental Analysis on Polygon MATIC
Polygon - MATIC
Polygon is also one of the popular cryptocurrency projects in the crypto space at the moment. Polygon was formally known as Matic Network before it was rebranded. Polygon is basically an easy to use and well-structured platform that was built for scaling ethereum and infrastructure development. The main component of the Polygon platform is the Polygon SDK which is a modular and flexible framework that allows the development of different types of applications. Polygon is a Layer 2 scaling solution that seeks to solve the scalability issues of many blockchains.
Polygon - Social Reach
Polygon hasn’t been around for a long time in the crypto space and is also one of the growing cryptocurrency projects out there with a pretty decent size community. Polygon has a large community on twitter with over 535k twitter followers and active engagements on their tweets. They are also active on telegram with over 55k telegram members and also have an active community on discord as well. Polygon are also active on other social channels like reddit, youtube. Over the past months, Reef finance have made some really good partnerships with other projects and are also actively partnering with other projects that adds value to the reef ecosystem.
Project Purpose
The main purpose of Polygon project is to effectively transform Ethereum into a full-fledged multi-chain system. Also, Polygon was created to be the framework for building and connecting blockchain networks that at compatible with ethereum. Also, creating scalable solutions on Ethereum.
Polygon - Team
Polygon was launched way back in 2017 and was co-founded by Jaynti Kanani who is an experienced blockchain developer, Sandeep Nailwal who is also an experienced blockchain developer, and Anurag Arjun, who is a business consultant. The Polygon team share the same goal to help ethereum become scalable and effectively transform Ethereum into a full-fledged multi-chain system. The project team consists of a good number developers, creatives, professionals, advisors who are highly skilled and experienced professionals who are knowledgeable in blockchain technology, and share the same goal of the polygon project.
Polygon Features
- ETH Compatibility
- Scalability
- Security
- Sovereignty
- Interoperability
- Modularity
- User Experience
- Developer Experience
Polygon MATIC Exchanges
Polygon MATIC is also listed on a variety of top exchanges such as Coinbase, Binance, Kucoin, Okex, Huobi, Kraken, Poloniex, Bittrex, Uniswap, Gate, Probit and a number of other exchanges.
