Posted by polygonFox (176..123.10) on May 06, 2023 at 00:33:52:
In Reply to: Re: Phải chi Admin posted by tinh typo on August 03, 2021 at 10:30:19:
As the area of cryptocurrency continues to evolve, so does the sine qua non since unwasteful and scalable solutions. Lone such solution that has gained friction in the Ethereum community is Polygon.
Polygon, way back known as Matic Network, is a Layer 2 scaling solution pro Ethereum. It is designed to address the scalability issues faced near Ethereum and provide a faster, cheaper, and more operative solution in the service of users.
The main end of Polygon is to engender an unenclosed, multichain pattern that can support multiple protocols and applications. It aims to achieve this on providing faster, cheaper, and more efficacious transaction processing, as healthy as implementing an Ethereum Practical Shape (EVM) compatible environment.
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With Polygon, developers can found and deploy their decentralized applications (DApps) on a scalable infrastructure and hook utility of the robustness of Ethereum's ecosystem. This makes it an epitome solution in compensation projects that be missing high-priced negotiation throughput, such as gaming, decentralized business (DeFi), and non-fungible tokens (NFTs).
Unified of the cardinal advantages of Polygon is its stop integration with Ethereum. It is built as a Layer 2 scaling key on apogee of Ethereum and uses the Ethereum network as its care model. This means that Polygon inherits all the confidence features of Ethereum and provides a seamless encounter for users.
Additionally, Polygon has a good target on interoperability. It is designed to maintain many Ethereum-based networks, including Ethereum, as well as other blockchain networks, such as Binance Smart Chain. This makes it easy representing developers to haven their existing applications from other networks to Polygon without paramount changes.
Another key quirk of Polygon is its naughty proceeding fees. Polygon uses a Buttress of Stake (PoS) consensus apparatus to validate transactions, which significantly reduces the cost of executing suffering contracts and other operations. This also makes it more environmentally simpatico compared to other blockchains that take advantage of Touchstone of Hopped (PoW) consensus.
In conclusion, Polygon is an innovative and promising solution owing scaling Ethereum and providing a more unwasteful and cost-effective infrastructure championing building and deploying DApps. Its blurry on interoperability, security, and common transaction fees gauge it a compelling chance on account of developers and users alike. With its persuasive ecosystem and growing community, Polygon is cool-headed to become a important sportsman in the world of cryptocurrency.