|Total Value Locked||24H|
|in ETH||100.9K ETH||-1.9%|
|in BTC||3.6K BTC||-2.5%|
|ETH Locked||20.6K ETH||+34 ETH|
|% Supply Locked||0.02%|
Polygon, previously known as Matic Network, is a developer-first hybrid POS+Plasma protocol and a framework for building and connecting Ethereum-compatible blockchain networks enabling developers to scale their DApps for large scale usage. The Polygon achieves finality using PoS checkpoints which are pushed to the Ethereum mainchain. This enables a single Polygon to theoretically achieve 65,535 transactions per block. Polygon chains can use Ethereum, the most secure programmable blockchain in the world, to host and execute any mission-critical component of their logic. This layer is implemented as a set of Ethereum smart contracts, in charge of functions like: finality/checkpointing, staking, dispute resolving, message relaying. With Polygon, any project can easily spin-up a dedicated blockchain network which aims to combine the best features of stand-alone blockchains (sovereignty, scalability and flexibility) and Ethereum (security, interoperability and developer experience). Additionally, these blockchains are compatible with all the existing Ethereum tools (Metamask, MyCrypto, Remix etc), and can exchange messages among themselves and with Ethereum.
Using Polygon is as easy as switching your RPC in Metamask. You can add Polygon and start using 80+ Dapps by following these instructions: https://blog.matic.network/deposits-and-withdrawals-on-pos-bridge/