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.

Common questions about Polygon

  1. Who created Polygon?
  2. What is Polygon's symbol?
  3. How fast is Polygon?
  4. What is Polygon's block time?
  5. Can you mine Polygon?
  6. Does Polygon support smart contracts?
  7. Is Polygon EVM compatible?
  8. Is Polygon dead?

Who created Polygon?

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

What is Polygon's symbol?

Polygon's ticker is MATIC.

How fast is Polygon?

Polygon can process an estimated 7000 transactions per second. Though, you should also consider block time in this equation too.

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 support smart contracts?

Yes, Polygon has smart contracts. It can support DeFi, NFTs, gaming, and more.

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?

Blockchains don't tend to "die"... They're designed to continue running without a centralize authority or provider. If there's still a node running, Polygon will remain in use. Sure, there may be exploits, or luls in user activity, but generally it should keep running!

Polygon comparisons

Compare Polygon with other blockchains to see how it stacks up.

We've compared Polygon with 18 other blockchains. Click on a comparison to learn more!

Polygon's social links

Find out more about Polygon by visiting their official channels!