WOODCHAIN POLYGON
Polygon is a protocol that encourages the use of cryptocurrency by solving the problem of scalability across multiple blockchains. Polygon’s system includes smart contracts that handle the end of transactions and staking of various DeFi projects. Polygon focuses on optimizing scalability and instant blockchain transactions.
By adopting a multi-pronged approach to scaling problem projects on WoodChain, they aspire to create an open and unlimited world. In it, not only users can seamlessly interact with decentralized products and services, but it can also be a place to raise liquidity for many other projects that promise to bring an open environment with many attractive features for developers operating on the WoodChain platform.
What problem was WoodChain Polygon created to solve?
Interoperability: WoodChain will allow Decentralized Finance projects on many smart chains such as ETH, BSC, HECO integrated into ONE platform.
Convenience: Fast, low-cost and secure transactions with precision achieved on the main chain.
High throughput: Achieve up to 7000 TPS (Transactions Per Second) on a single sidechain.
User experience: Give smooth user experience main chain.
Security: Polygon operators are also stakers in the Power of Stake system with the highest level of security.
At Wood Chain, aims for a DApps that can help you easily convert your cryptocurrency between networks with the goal of being fast, cheap, and secure.
About WoodChain
WoodChain is a decentralized finance with the mission to bring the most usefulness to users. Wood Chain is an All-In-One Platform that is built on many smart chain networks such as ETH, BSC, POLYGON, HECO.
SOURCE: https://medium.com/@WoodChainInc/woodchain-polygon-3ab4a365801a
