Polygon
MATIC
Crypto
Decentralised Networks
USD 0.49-2.44%
Polygon
UMushroom community rating:
About
Decentralised Networks
CategoryProof Of Stake
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2019
Year of creation
Description
Polygon (MATIC) is a Decentralised Networks crypto coin. The coins can be earned through the process of staking and validating. Polygon`s origin block was generated on 2019-04-28. More information can be found at https://polygon.technology/.
Key Technical Advantages:
Matic Network aims to solve scalability and usability issues in existing smart contract platforms without compromising decentralization, while leveraging the existing developer community and ecosystem. Ethereum has been chosen as the first platform to showcase Matic Network's scalability, with a working implementation on the Kovan Testnet. The Matic Network is an adapted implementation of the Plasma framework for Ethereum, intending to provide off/side chain scaling solutions for blockchains in general. Matic Foundation plans to offer a Matic wallet, payment APIs & SDKs, products, identity solutions, and other enabling tools for developers to design, implement, and migrate DApps built on base platforms like Ethereum. The development roadmap includes improving user experience, supporting cross-chain transfers, and integrating with third-party decentralized exchanges, liquidity pools, etc. Content summarized by AI chatbotSource:
https://github.com/maticnetwork/whitepaper/Key figures
-38.5%1Y
-78.6%3Y
3,539%5Y
Performance
0/ 01D
0/ 01M
1/ 01Y
Highs/ Lows
13.09.2022
USD 2.88
All Time High
17.09%
% of All Time High
-90.05%All Time
-77.56%1 year
Max drawdown
#102
Ranking by Market Cap
912.53 M
Market cap (USD)
0.00%
% of Market
883.032 B
Category Market Cap (USD)
0.10%
% of Category
10000000000
Circulating Supply
1913783718
Liquid Supply
19.14%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
10977742
Volume Traded
1.34%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
3.50
Innovation:
4.50
Society:
4.50
Nature:
4.50
Robin Roten
Tonia Zimmermann
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