Polygon (MATIC) – previously called “Matic Network” utility token used to pay for network transactions. The project aims to improve Ethereum scalability and blockchain interoperability. It offers a wide range of possibilities, especially for side-chain developers.
Current MATIC price:
The polygon cryptocurrency (MATIC) is an Ethereum-based token. The project aims to create the best blockchain network in the world.
The makers of the cryptocurrency polygon want to offer users more than just a blockchain-based token that can be invested in the cryptocurrency market. The project developers want to create a structure for decentralized networks of accounting blocks that can be interconnected in the future. As a result, this increases the flexibility, security, scalability, and sovereignty of blockchains.
The modern cryptocurrency polygon MATIC implements many innovative solutions. Among them, it is worth mentioning, for example, the ZK roll-up mechanisms, thanks to which many transfers outside the blockchain can be combined. The roll-up Optimistic is the second important function introduced by polygon and taken from the Ethereum project. Thanks to it, users gain the possibility of making express transactions.
Polygon (MATIC) – climate-neutral cryptocurrency
An essential feature of the polygon (MATIC) currency is that the cryptocurrency is climate neutral. The fact that mining is zero carbon means that investing in polygon can be a good move that considers global ecological trends. The achieved carbon neutrality opens up new opportunities for investors and users to create ecological solutions of the future based on a blockchain architecture.
The total number of project tokens is limited to 10 billion coins, which can positively impact the cryptocurrency’s value. Growth prospects are also improved by the compatibility of the MATIC polygon with the Ethereum Virtual Machine (EVM). The aspect above definitely builds the investors’ trust in the cryptocurrency and allows for the effective use of the project by developers in the future.