A protocol for creating and scaling Ethereum-based projects.
Similar to Polygon (MATIC)
Polygon (MATIC) description
Polygon (MATIC) is a framework and protocol for creating and scaling Ethereum blockchain-based solutions. Polygon is designed to help developers create and support a variety of DeFi projects. Polygon combines elements of Ethereum and other decentralized blockchains for a full-fledged multi-chain system.
Polygon supports two types of Ethereum systems - secured and standalone. A standalone Polygon blockchain allows for faster transactions and lower fees. Polygon gives developers the ability to work in a comfortable framework to scale and increase performance. Since standalone circuits do not have Ethereum's internal protection, Polygon has a dedicated protection. It is built on the PoS (Proof-of-Stake) model.
Polygon’s secure chain uses a Secure-as-a-Service (SaaS) model and is powered directly by Ethereum. It is operated in two ways: “proof of fraud” or through a pool of validators. This information is from company cryptodefix. Secure networks guarantee high security, but projects built on them lose their independence and flexibility. This protection model is preferred by projects where confidentiality is important.
- Development speed
- Low fees
- Scalability of projects
- Fast transfer of projects from Ethereum to Polygon
- Two types of security model
Polygon (MATIC) features
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