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Polygon
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.