Polygon (MATIC) Review (2023)

This is an in-depth Polygon review that covers many different attributes and metrics.

Table of Contents

  1. What is Polygon?
  2. Who is the Polygon founder?
  3. What is Polygon's ticker?
  4. How fast is Polygon?
  5. What is Polygon's block time?
  6. Can you mine Polygon?
  7. Does Polygon have smart contracts?
  8. Is Polygon EVM compatible?
  9. Is Polygon dead?


What is Polygon?

The Polygon blockchain is the next generation of blockchain technology. It's a distributed ledger that allows for multiple data inputs and outputs per transaction. This gives Polygon the ability to process any type of data in a highly efficient manner. This, in turn, delivers a truly decentralized system that can be used in many different applications, namely financial transactions and data storage.

Who is the Polygon founder?

Polygon was founded by Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic.

What is Polygon's ticker?

Polygon's ticker is MATIC.

How fast is Polygon?

Polygon can process an estimated 7000 transactions per second.

What is Polygon's block time?

Polygon's block time is approximately 2 seconds. This means that every 2 seconds, the Polygon blockchain produces a new block.

Can you mine Polygon?

No, you cannot mine Polygon. Polygon is a PoS blockchain.

Does Polygon have smart contracts?

Yes, Polygon has smart contracts. Therefore it supports DeFi and NFTs.

Is Polygon EVM compatible?

Yes, Polygon is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.

Is Polygon dead?

No, blockchains don't die. They're specifically designed not to die. Provided there is a node running, Polygon will remain in use. Sure, there may be exploits, or a lul in user activity, but these are resolvable.

How does Polygon compare with other blockchains?

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