What is Polygon?
Last updated
Last updated
Polygon has a vision of building Ethereum’s internet of blockchains. Essentially, Polygon provides a generalized framework to allow developers to create custom, application specific chains that leverage Ethereum’s security, as well as provide an interoperable network that links together a variety of different scaling solutions such as zk-rollups, optimistic-rollups, and sidechains.
Polygon is secured through a proof-of-stake consensus mechanism where validators stake MATIC tokens in smart contracts that are hosted on the Ethereum main chain.
Before using Polygon there are a few steps you’ll have to take. First, you will need to configure the network in your wallet, and then as discussed above, you’ll have to use one of the two bridges to move funds over from Ethereum L1.