About Polygon (MATIC)
Polygon (MATIC) is a layer 2 scaling solution designed to build upon the Ethereum blockchain, facilitating higher transaction throughput and lower transaction costs. Formerly known as the Matic Network, Polygon aims to create the blockchain infrastructure necessary to deploy and use Etheruem-based decentralized applications (DApps) at scale.
Functioning as an add-on to the Ethereum blockchain, Polygon uses scaling solutions in order to increase the size, capacity, security, and efficiency of the Etheruem network. The Polygon platform is a multi-level system that creates sidechains upon which transactions are executed before they are merged with the main Ethereum chain, reducing the overall load on the Ethereum network.
MATIC Market Information
MATIC Circulating Supply：8,734,317,475 MATIC
MATIC Max Supply：10,000,000,000 MATIC
MATIC Total Supply：10,000,000,000 MATIC
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Toobit does not take responsibility for any resulting direct or indirect losses.
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