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What is Polygon (MATIC)?
Polygon is a blockchain platform designed to help scale the Ethereum network by lowering the cost of transactions while improving speed. It does this through a growing suite of software products. This includes the EVM-compatible sidechain called Polygon PoS, which uses Proof-of-Stake (PoS) and MATIC as the native token of the network. Polygon is also developing several layer-2 solutions for Ethereum based on Optimistic rollups and zero-knowledge proofs.
Buy USDT-Polygon
1. Select the payment method
Choose the payent method you want to buy USDT Polygon
2. Complete the KYC Process
Follow the provided instructions to execute the Know Your Customer (KYC) verification. This step is crucial to ensure the security and authenticity of the transaction.
3. Receive Your Funds
Once the transaction is approved, you will receive your funds directly into your chosen wallet or bank account.
How does Polygon work?
Polygon aims to provide a variety of software solutions to help scale Ethereum. Using the Polygon software development kit (SDK), Polygon will enable developers to deploy decentralized applications (DApps) on sidechains or L2s, all of which connect to the Ethereum mainnet.
Polygon was originally called the Matic Network. The Matic Network was created in 2017 in India by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.
History of Polygon
Polygon has faster and cheaper transactions than Ethereum through a combination of more efficient consensus mechanism and reduced security (compared to Ethereum). You can bridge Ethereum cryptoassets from the mainnet to Polygon using the official Polygon PoS bridge. Bridging will usually take between 8 and 10 minutes. After that, you can use do most things you can do on Ethereum such as swap, borrow/lend, and pool liquidity but with lower fees and faster transaction times. Whenever you wish, you can bridge back to the Ethereum mainnet.
How can you use Polygon?
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