What is Polygon?
Polygon (formerly Matic Network) is a well-structured and user-friendly platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular and flexible framework that supports the creation of various types of applications. Polygon enables the creation of optimistic rollup chains, ZK rollup chains, standalone chains, or any other infrastructure that developers may need. It effectively transforms Ethereum into a full-fledged multichain system, similar to Polkadot, Cosmos, and Avalanche, while leveraging the security, vibrant ecosystem, and openness of Ethereum. The $MATIC token remains and plays an increasingly important role in securing the system and enabling governance. Supported by Binance and Coinbase, Polygon is a layer 2 scaling solution aiming to drive the mass adoption of cryptocurrencies by addressing the scalability issues of many blockchains.