What is Polygon Coinbase?

Polygon (MATIC) is an Ethereum protocol that aims “to create, issue, and manage digital securities on the blockchain.” By creating a compliance-focused standard (ST-20) to issue and manage security tokens, Polymath seeks to “tokenize and trade traditional and new classes of assets.”

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Is Polygon its own blockchain?

Polygon is a secondary scaling solution for the Ethereum blockchain. These types of solutions work on top of an existing blockchain network rather than using their own blockchain . In this instance, Polygon works on top of Ethereum which has become slow and expensive to use as it becomes ever more popular.3 Oca 2022

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