Polygon: Scalability Solutions & The Future of Web3
What is Polygon?
Polygon (formerly MATIC) is a Layer-2 / multi-chain platform built to expand Ethereum's capacity: faster transactions, lower costs, and interoperability between chains.
๐ Latest Upgrade & Technical Advantages
Polygon has just launched an upgrade that allows transaction finality in ~5 seconds, up from 1โ2 minutes previously.
Supporting high throughput (over 1000 TPS via the Bhilai hardfork) and the integration of account abstraction that enhances UX (e.g., gasless tx) for developers & users.
Native token: POL (formerly MATIC). Its uses include paying transaction fees, staking for network security, and participating in governance. @0xPolygon #Polygon $POL
