Download cryptokitties price chart7/1/2023 ![]() Polygon aims to create "Ethereum's internet of blockchains" - essentially, a multi-chain ecosystem of Ethereum-compatible blockchains. ![]() While Matic Network was a Layer 2 scaling solution for Ethereum, Polygon features the infrastructure necessary to support a network of collaborative and self-sovereign blockchains. Polygon was initially named “Matic Network.” As the project's scope expanded, however, it was rebranded to “Polygon,” a name many crypto enthusiasts today are familiar with. It helps solve key challenges faced by Ethereum, such as low transaction throughput, high fees and poor user experience. Polygon is a scaling solution that offers tools for increasing the speed on the blockchain, while decreasing the cost and complexity of transactions. ![]()
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