Polygon
Polygon is a blockchain for global payments offering $0.002 average transaction costs and fast settlement.
What is Polygon?
Polygon (originally Matic Network) was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon is a blockchain for global payments that offers developers low transaction fees and fast transaction processing speeds. Polygon employs a modified proof-of-stake consensus mechanism that allows for consensus with each block. In order to validate Polygon network transactions, network participants must stake POL, the native token of Polygon. Polygon validators that behave are rewarded with POL. Polygon's Open Money Stack provides wallet infrastructure, crosschain interop, on/off-ramps, and blockchain rails for enterprise-grade money movement, with 159M unique wallet addresses and over 7B total transactions.
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Polygon alternatives
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OP MainnetApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
