Polygon - An Overview
Polygon was originally known as Matic but underwent a rebranding process earlier this year. Polygon is a framework and protocol for creating Ethereum-compatible blockchain networks. The protocol aims to build a multi-chain Ethereum ecosystem composed of Ethereum-based blockchains.
Sellbitbuy a leading cryptocurrency exchange development company
offers the best polygon dapp development
services for reducing the escalating cost of gas fee on Ethereum. We help enthusiasts who are seeking scaling solutions to help with both transaction speed and gas cost reduction for users. One such approach is Polygon (previously Matic).
Benefits Of Polygon Decentralized Applications
No government or institution has the authority to prevent users from using a DApp. There is no single person with the power to govern the network, restrict users from making transactions, implementing applications, or accessing data from the blockchain. Nobody could block your post or prevent you from posting if Instagram or Twitter were run on Ethereum.
The DApp will continue to function even if sections of the network architecture fall down due to its reliance on a peer-to-peer approach. Once it's up and running, it'll only go down if the blockchain platform on which it's built crashes.