1/ Almost everyone knows/has heard about #Bitcoin today
The 2nd most popular #Crypto is #Ethereum
But there were scalability issues with $ETH & so we got #Polygon as the solution.
We are going to talk about the details of #Polygon in this thread
🦄💲Polygon Thread💲🦄
2/
Q: What is Polygon? 🤔
Polygon is the 1st structured, easy-to-use platform for Scaling & infrastructure development on #Ethereum, supporting a multi-chain Ethereum Ecosystem.
3 Major Upsides:
⏩ Benefits from Ethereum's Network Effect
⏩ More Secure
⏩ More Open & Powerful
3/
Q: Who are the Masterminds behind Polygon?
On October 2017, #Matic Network (now Polygon) was launched by:
1. @_jdkanani : A full-stack developer & blockchain engineer
2. @sandeepnailwal : A #Blockchain Programmer & #Entrepreneur
3. @_anuragarjun : A Product Manager
4/
What are some of the Solutions that Polygon came up with?
⏩ One-click deployment of preset blockchain networks
⏩ Reducing the complexity of scalability & instant blockchain transactions
⏩ Adaptor Modules for enabling interoperability for existing blockchain networks
5/
🚨 Features of Polygon 🚨
⏩ Ethereum Compatible
⏩ Secure & Scalable
⏩ Dedicated Throughput
⏩ Interoperable
⏩ Almost zero-gas transactions
⏩ Instant transactions
⏩ Developer Experience same as Ethereum
⏩ Highly customisable, extensible & upgradeable
6/
@0xPolygon also acts as an aggregator of $ETH scaling solutions.
Using Polygon, one can create:
🚀 Optimistic Rollup Chains
🚀 ZK Rollup Chains
🚀 Stand Alone Chains
🚀 Enterprise Chains
🚀 Plasma Chains
Also, Polygon:
1. Hermez
2. Nighfall
3. Avail
4. SDK
5. POS
.
.
.
7/
🧠 Some Quick Facts 🧠
1. It's a Layer-2 Solution 😅
2. Utilizes Proof-of-Stake (POS) Consensus
3. The token ticker is $MATIC
4. More than 3000+ DApps live on Polygon POS
5. Can process around 65,000 transactions per second on a single side chain
8/
📢 Latest Announcement 📢
India's Biggest Web3 Hackathon
BUIDL IT, organized by @0xPolygon in collaboration with @Devfolioco
BUIDL IT is exclusively for the Indian Developers, Entrepreneurs, Artists, & Students.
Register Now: buidlit.devfolio.co
9/
Q: What's there for the participants?
⏩They can build in various tracks like #DeFi, #NFTs, #gaming, etc
📢Get a chance to win prizes worth $1,00,000+
The best projects gets a chance to pitch, incubate & raise VC💲from @ElevCap, @Sequoia_India, @SinoGlobalCap, @jumpcapital
10/
⏳Timeline:
🚨 Registrations Open:21 OCT
🚨 Registrations Close:18 NOV
🚨 Kickoff:19 NOV
🚨 Submission Deadline:12 DEC
🚨 Announcement of Results:19 DEC
📢 PARTNERS:
@CoinDCX @Covalent_HQ @Filecoin @MoralisWeb3 @Superfluid_HQ @CrustNetwork @AlchemyPlatform @FunFairTech
11/
👀 @0xPolygon Social Media Handles 👀
Twitter: twitter.com/0xPolygon
Telegram: t.me/polygonofficial
Discord: discord.gg/polygon
Reddit: reddit.com/r/0xPolygon/
YouTube: youtube.com/PolygonTV
GitHub: github.com/maticnetwork/
Blog: blog.polygon.technology
12/
Okay, but what's next?
Get some $MATIC on @CoinDCX & get started with @0xPolygon
#blockchain #Crypto #cryptocurrency #Altcoins #PolygonMatic #PolygonNetwork #PolygonStudios #polygonchain #cryptocurrencies #CoinDCXPathbreaker #MATICNetwork #MaticVerse #maticusdt $MATIC $ETH
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