Polygon
LAUNCH PARTNER
Ecosystem Partner
Alchemy Venture
Best-in-Class App
WAGBI Winner
WEB3 30 WINNER
Web3 30 Nominee
Growth Customer
Enterprise Customer

Polygon

Polygon

Polygon is an Ethereum scaling solution offering low transaction fees and fast transactions.

What is Polygon?

Polygon (originally Matic Network) was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon is an Ethereum  scaling solution 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 MATIC, the native token of Polygon. Polygon validators that behave are rewarded with MATIC. Notable customers of Polygon include some of the largest web2 brands such as Starbucks, Reddit, and Coca-Cola. Large web3 companies like OpenSea and Magic Eden have also announced support for Polygon.

User Interface of crypto currency wallet

Sign up for a free Alchemy Account

User Interface of crypto currency wallet

Web3 Dapps and Developer Tools Related To Polygon

Testnets
A recently merged Proof-of-Stake testnet for the Ethereum mainnet.
Chains
Ethereum
Learn More
Testnets
A Polygon blockchain Testnet with the MATIC token faucet to deploy and execute smart contract logic.
Chains
Polygon
Learn More
Layer 1 Blockchains (L1s)
Cronos is the leading EVM-compatible layer 1 blockchain network built on the Cosmos SDK.
Chains
Cronos
Learn More

Best Sidechains

Discover more web3 applications and developer tools.

Build blockchain magic with Alchemy

Alchemy combines the most powerful web3 developer products and tools with resources, community and legendary support.