What is Polygon Blockchain?

Polygon, formerly known as the Matic Network, is a scaling solution that aims to provide multiple approaches for increasing transaction speed on blockchain networks while reducing costs and complexity. Polygon describes itself as a layer-2 network, which implies it is an Ethereum add-on layer that does not plan to change the original blockchain layer.

Polygons, like their geometric namesake, have many sides, shapes, and uses, and they give a simpler base for building connected networks. Consult with one of our blockchain specialists to determine whether polygon is a good fit for your project.

Why Choose Polygon for your Blockchain Project

Components of Polygon Blockchain

Polygon addresses typical blockchain issues by providing inexpensive gas prices and fast speeds without sacrificing security. Consider the following basic components of a Polygon network:

Layer-2 Scaling Solution

Layer 2 Scaling Solution

Polygon is a Layer 2 chain that scales an application by processing the transaction outside of Layer 1 yet maintaining the same level of security and decentralization. This aids boosting transaction speed while decreasing gas costs.

MATIC

MATIC

Polygon’s crypto token MATIC is bought and sold on crypto exchanges.

EVM Compatible

EVM Compatible

Polygon is the scaling solution that is EVM compatible allowing different blockchains to exchange value and information easily

Components of Polygon Blockchain
Blockchain Scaling Mechanisms

Blockchain Scaling Mechanisms

Polygon can be used to create a wide variety of different blockchains. These include Matic Plasma, zk Rollups, Optimistic Rollups, and Validum Chains. Each one is aimed to increase the transaction speed while maintaining security and optimal user experience.

Developers Tools

Developers Tools

Polygon provides developers a set of tools to build various faster and scalable dApps.

Public Sidechains

Public Sidechains

Matic sidechains are permissionless and open to the public. The hold the capability of supporting a wide range of protocols.

Benefits of Polygon Blockchain

The Polygon blockchain has more advantages over other blockchains. Explore the benefits it provides for developing your blockchain project.

Availability

Availability

Transactions on Polygon sidechains are fast, cheap, and secure, with finality on the mainchain and Ethereum as the initial Layer 1 base chain.

High Throughput

High Throughput

It was able to attain up to 7,000 TPS on a single sidechain on the internal testnet. Many chains will be formed for horizontal scaling.

Customer Experience

Customer Experience

Support for WalletConnect, native mobile apps and SDK, and developer abstraction from the mainchain to the Polygon chain.

Security

Security

Polygon chain operators are also stakers in the PoS system.

Public Sidechains

Public Sidechains

Matic sidechains, unlike individual dApp chains, are accessible to the public, permissionless, and capable of supporting a wide range of protocols.

Versatile

Versatile

Polygon's flexibility is essential for developers who wish to design completely interoperable dApps that make use of several connected blockchains.

Why Choose Polygon for Blockchain Development?

We have curated few parameters for you to match with your Blockchain project development, See if Polygon is the right choice for your project.

Features

Public

Private

Consortium

Anonymous

Speed

Avg Gas fee

Interoperable

Native token support

Value

Yes

No

No

No

65 TPS

0.00100$

Yes

Yes

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Use Cases of Polygon Blockchain

The features of polygon and its core design principle imply that Polygon might have several beneficial use cases.

Proof of Stake

Proof of Stake

Polygon’s EVM-compatible Ethereum sidechain is secured by a permissionless set of Proof of Stake validators.

Avail

Avail

Polygon’s Avail is a scalable general-purpose data availability-focused blockchain targeting standalone chains and off-chain scaling solutions.

Edge

Edge

To build private or public Ethereum-compatible blockchain networks Polygon Edge, a modular and extensible framework can be used.

Nightfall

Nightfall

Along with Zero-Knowledge (zk-rollup)cryptography, Polygon Nightfall uses optimistic roll-ups to build a one-of-a-kind scaling solution.

Miden

Miden

With support for arbitrary smart contracts, Miden provides a STARK-based zk-rollup.

Zero

Zero

Polygon Zero uses an incredibly fast recursive proof system that is Eth-friendly highly-scalable, Ethereum-compatible zk-rollup.

FAQs

Here are answers to some questions about Polygon that our clients frequently ask. Drop us a word if the answers to your concerns or doubts aren't listed here. We'll get to you within 24 hours.