Crypto Almanac - Part 179 Beginners Guide

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Source. Crypto info.com

What is Polygon / Matic Network?
The current state of blockchain technology means it's not quite ready to work at scale- so if large numbers of people started using cryptocurrencies they might grind to a halt under the strain. The Matic Network aims to solve the blockchain scaling problem by building a decentralized platform using an adapted version of Plasma framework (an upgrade to the Ethereum network), so providing a solution for faster and extremely low-cost transactions on the blockchain.

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The Matic Network believes in simplifying the interaction between users and the decentralized world- they want to make using decentralized systems so easy that anyone can do it without knowledge of the complex technologies powering their actions.

The Matic Network is currently in a working partnership with Decentraland, Zebi, MakerDao and Hey Coral.

Crypto Almanac - Part 179 Beginners Guide | Ecency