When was the Polygon crypto project established?

3 answers

• Anup SinghMay 08, 2024 · a year ago
  The Polygon crypto project, also known as Matic Network, was established in 2017. It aims to provide a scalable and secure framework for building and connecting Ethereum-compatible blockchain networks. With its Layer 2 solutions, Polygon has gained popularity for its ability to improve scalability and reduce transaction fees on the Ethereum network. It has become an important player in the decentralized finance (DeFi) space, enabling faster and cheaper transactions for users and developers alike.
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• sel99Oct 17, 2021 · 4 years ago
  Polygon, formerly known as Matic Network, was established in 2017. It has gained significant traction in the cryptocurrency industry due to its focus on solving the scalability issues of the Ethereum network. By providing Layer 2 solutions, Polygon aims to enhance the user experience and enable the development of decentralized applications (dApps) with improved scalability and reduced costs. Its establishment has contributed to the growth and adoption of decentralized finance (DeFi) and other Ethereum-based projects.
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• spear a seaNov 29, 2021 · 4 years ago
  The Polygon crypto project, formerly known as Matic Network, was established in 2017. It has emerged as a leading Layer 2 scaling solution for Ethereum, addressing the network's scalability and high transaction fees. Polygon's establishment has played a crucial role in the development of decentralized finance (DeFi) and the broader Ethereum ecosystem. By offering a scalable infrastructure, Polygon has attracted numerous developers and users, fostering innovation and growth in the cryptocurrency industry.
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