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💲🦄
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 Image
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 Image
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 Image
🚨 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 Image
@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
. Image
🧠 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 Image
📢 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 Image
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 ImageImage

🚨 Registrations Open:21 OCT
🚨 Registrations Close:18 NOV
🚨 Kickoff:19 NOV
🚨 Submission Deadline:12 DEC
🚨 Announcement of Results:19 DEC

@CoinDCX @Covalent_HQ @Filecoin @MoralisWeb3 @Superfluid_HQ @CrustNetwork @AlchemyPlatform @FunFairTech ImageImageImage

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