Excuse me, could you please clarify something for me? I've been hearing a lot about
Polygon and its relationship with Ethereum. Does Polygon actually run on top of Ethereum's blockchain? I'm a bit confused about how the two interact and how Polygon manages to achieve its scalability and low transaction fees. If you could provide a brief explanation, that would be greatly appreciated. Thank you!
7 answers
MysticChaser
Mon Oct 07 2024
Polygon's adoption of Ethereum's blockchain also ensures high levels of security and decentralization, a crucial aspect for any cryptocurrency platform.
GalaxyWhisper
Mon Oct 07 2024
The Polygon platform is a prominent player in the cryptocurrency ecosystem, leveraging the robust infrastructure of the
Ethereum blockchain.
isabella_taylor_activist
Mon Oct 07 2024
By utilizing Ethereum's network, Polygon enables seamless interactions between various decentralized applications and projects built on the platform.
Valentina
Mon Oct 07 2024
This integration fosters a thriving environment for innovation and collaboration, as developers can tap into Ethereum's vast resources and user base.
SeoulSerenitySeekerPeace
Sun Oct 06 2024
Additionally, Polygon's compatibility with
Ethereum allows for seamless interoperability, making it easier for projects to integrate with other Ethereum-based solutions.