1INCH NETWORK EXPANDS TO BINANCE SMART CHAIN.

The 1inch Aggregation Protocol has expanded to the Polygon network (formerly known as Matic), one of the most promising scaling solutions on Ethereum.

At the initial stages, aggregation will be available for Curve, SushiSwap, QuickSwap, Aave V2 and Cometh, while more protocols will be gradually added.

Polygon, a platform for Ethereum scaling and infrastructure development, is widely believed to be vital for helping Ethereum keep up with the competition amidst the process of switching to the Proof-of-Stake (PoS) consensus algorithm.

Aiming to enable Ethereum to become a full-fledged, powerful multi-chain system, Polygon offers a high throughput of roughly 7,000 transactions per second. Unlike Ethereum’s original Proof-of-Work (PoW) consensus algorithm, in PoS, block transactions are confirmed by validators.

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https://blog.1inch.io/1inch-network-expands-to-binance-smart-chain-1a718a154034