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Polygon is a Layer 2 scaling solution for Ethereum that aims to improve scalability and usability without sacrificing decentralization. To achieve this, Polygon employs the Plasma framework and the More Viable Plasma (MoreVP) consensus algorithm to ensure the security and integrity of its network. Polygon is interoperable with Ethereum, allowing users to move their assets between the two networks seamlessly and aims to provide a more user-friendly and efficient blockchain platform for developers and users.
Block Time2,265.94 s
Daily Transaction Fees24,613.31 MATIC
Annual Dilution6.79 %