Yes, the Polygon address and the Ethereum address are practically the same and that’s partly why you can “bridge” between them on your OpenSea account. Polygon is an Ethereum-based project that allows scalable, secure, and instant transactions with much lower gas fees.
Read moreWhat is the Matic network?
Matic Network is an off/side chain scaling solution for existing platforms that provides DApps and user functionalities with scalability and a better user experience .
Read moreWhat is Matic used for?
MATIC is used to power the network and serve as a utility token for Polygon . It functions as the network’s main transactional currency and as a financial incentive for those who want to contribute to the ecosystem.9 Ara 2021
Read moreIs Matic network the same as Polygon?
This is because Matic Network was the original name of Polygon before the project was rebranded in February 2021 . Matic Network initially launched in 2019. The main source of confusion comes from the fact Polygon decided to retain the ticker MATIC for its native utility crypto token after the rebranding.3 Oca 2022
Read moreWhat is $Matic?
MATIC is the network’s native cryptocurrency , which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Coinbase. The Ethereum blockchain is home to a vast range of economic activity — from NFT markets and games to the growing DeFi ecosystem.
Read moreIs Matic backed by Coinbase?
Coinbase supports Polygon (MATIC) transactions via the Ethereum network .
Read moreWho is the owner of Matic crypto?
Formerly called Matic Network, it was founded by Kanani, Sandeep Nailwal and Anurag Arjun in late 2017, with Serbian engineer Mihalio Bjelic joining later as a cofounder.
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