New Polygon Blockchain!
Polygon is a layer 2 blockchain network that uses Ethereum technology to enable faster and cheaper transactions compared to the Ethereum mainnet.
In Polygon, validator nodes are used to process and validate transactions on the network.
These nodes are decentralized, meaning that no single entity or organization controls the network. Instead, anyone can run a validator node and participate in the network
In addition, Polygon also has its own cryptocurrency called MATIC, which is used to pay transaction fees on the network and to incentivize validator nodes
In summary, Polygon's blockchain is a layer 2 blockchain network that uses Ethereum technology and is decentralized. It offers faster and cheaper transactions compared to Ethereum, and has its own cryptocurrency called MATIC
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Company Newsletter 24/02/23
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