Polygon
Polygon is a blockchain for global payments offering $0.002 average transaction costs and fast settlement.
What is Polygon?
Polygon (originally Matic Network) was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon is a blockchain for global payments 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 POL, the native token of Polygon. Polygon validators that behave are rewarded with POL. Polygon's Open Money Stack provides wallet infrastructure, crosschain interop, on/off-ramps, and blockchain rails for enterprise-grade money movement, with 159M unique wallet addresses and over 7B total transactions.
Web3 dapps and developer tools related to Polygon
Discover blockchain applications that are frequently used with Polygon.
BNB Chain
Polkadot
Canvas Connect
Developer resources from Alchemy
Alchemy powers Polygon
Polygon’s partnership with Alchemy helped send the number of apps running on the network from 200 in June, 2021 to over 19,000 as of April, 2022.
3 steps to fix slow Metamask transactions, for free
If you've ever felt the pains of slow Metamask transactions or inaccurate gas price estimations, this article is for you.
Satsuma is joining forces with Alchemy
announcing that Satsuma has been acquired by Alchemy, the leading web3 developer platform
Polygon alternatives
Explore web3 competitors and apps like Polygon.
