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POLLayer 2 / Sidechain
Polygon
Symbol
POL
Type
Layer 2 / Sidechain
Consensus
Proof of Stake
Launch Date
01-06-2020
Founder(s)
Jaynti Kanani, Sandeep Nailwal, Anurag Arjun
Developer
Polygon Labs
About Polygon
Polygon (formerly Matic Network) is an Ethereum scaling platform that provides multiple solutions for building and connecting blockchain networks. Starting as a Plasma sidechain, Polygon has expanded into a comprehensive suite of scaling technologies including Polygon PoS, Polygon zkEVM, and Polygon CDK. The platform offers low transaction costs and fast confirmation times while maintaining compatibility with Ethereum. Polygon is widely adopted by major brands and enterprises for Web3 applications, gaming, and DeFi protocols.