Polygon Crypto News
What is Polygon MATIC crypto?
Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale. Polygon—“Ethereum’s internet of blockchains”—launched under the name Matic Network in 2017. With a focus on security, privacy, and user control over their resources, it offers businesses around the world an easy solution to building enterprise-ready dApps. They are scalable and can handle large volumes of transactions without compromising on speed or costs.
The Polygon platform operates using the Ethereum blockchain and connects Ethereum-based projects. Polygon acts as an intermediary between other blockchains and Ethereum, enabling them to interact with each other in a single application. Using the Polygon platform can increase the flexibility, scalability, and sovereignty of a blockchain project. While still affording the security, interoperability, and structural benefits of the Ethereum blockchain
MATIC is a utility token that will use to govern and secure the Polygon network, as well as pay transaction fees. MATIC will be used around the world for all crypto transactions, including crypto-fiat conversions.
How does Polygon work?
The Polygon platform will allow for both flexibility and interoperability between Ethereum-based projects. This can increase scalability and sovereignty, and most importantly, create a network of trust between participants on the Polygon platform. Thanks to the benefits of a private Ethereum blockchain, you can reduce costs while simultaneously increasing governance over your application.
Why is Polygon cheaper than Ethereum?
Polygon is cheaper because it is a newly emerging platform. The gas fee estimation that is calculated in ETH and the transaction fee calculated by MATIC allows Polygon to be much cheaper than Ethereum.
Should I sell NFT on Polygon?
Polygon is a platform for all kinds of blockchain NFT projects. It provides an environment where multiple users can sell and buy NFTs. Polygon blockchain is well integrates with EOS chain and that makes it optimal for high-frequency and low-value transactions. The Polygon platform also provides a customizable theme for any kind of NFT Art like games, animations, etc. If you are launching between 7,000 to 10,000 NFT arts, then I’ll suggest you consider launching it on Polygon.
Is Polygon a good investment?
Polygon (MATIC) is one of the best cryptocurrencies to buy in 2019. Polygon price prediction shows that it has a lot of potential for long-term investment, and it can give you very good returns from your investment. If you think Polygon is a good investment for your crypto portfolio, then consider buying some MATIC tokens on Binance or KuCoin and set up a trading strategy for MATIC.
However, for long-term investors, Polygon is a crypto asset that can provide opportunities for crypto investors to earn significant profits. According to the experts above, the Polygon (MATIC) price prediction shows that the performance of this crypto asset will be better in the long run.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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