In today's rapidly evolving landscape of blockchain technology, interoperability has become one of the key factors driving the development of decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 applications. As a Layer 2 scaling solution for Ethereum, Polygon is redefining the way blockchain ecosystems connect, thanks to its high throughput, low transaction fees, and strong interoperability.
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What is Polygon?
Polygon (formerly known as Matic Network) is an open-source blockchain platform aimed at providing scalability and interoperability solutions for Ethereum. By introducing Layer 2 technology, Polygon can significantly increase transaction speeds and reduce costs without sacrificing security.