Is Polygon good investment?

Polygon (MATIC) is one of the most ambitious cryptocurrency projects within recent history , which has a high potential for growth with the increased demand of Non-Fungible Tokens (NFTs), different decentralized finance (DeFi) projects built on it, a project that provides global partnership opportunities has a large …

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How is Polygon different from Ethereum?

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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Is Polygon a cryptocurrency?

Polygon was one of the top-performing crypto assets on CoinSwitch, in terms of the trading volume . Polygon, formerly known as the Matic network, was founded in India in October 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Fun fact: The Polygon founders are India’s first crypto billionaires.

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What is Polygon worth?

MATIC Price Statistics Polygon Price$1.6224h Low / 24h High$1.57 / $1.64Trading Volume24h$945,373,622.68 13.28%Volume / Market Cap0.07589Market Dominance0.62%Polygon price today, MATIC to USD live, marketcap and chart coinmarketcap.com › currencies › polygon

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What is Polygon Matic crypto used for?

The Polygon platform, powered by the MATIC token, was launched to connect and grow Ethereum-compatible projects and blockchains. MATIC tokens are used to govern and secure the Polygon network and pay transaction fees . Polygon uses a modified proof-of-stake consensus mechanism to efficiently operate the platform.22 Şub 2022

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