I'm wondering about the purpose of Polygon coin. What is it used for and what are its main functions within the Polygon ecosystem or the cryptocurrency market?
This Ethereum token serves as the backbone of the Polygon Network, which is designed to enhance the functionality of the Ethereum blockchain.
Was this helpful?
76
87
MartinoTue Oct 29 2024
Polygon, previously known as Matic Network, represents a significant advancement in the Ethereum ecosystem.
Was this helpful?
132
66
DavideMon Oct 28 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and a wallet service.
Was this helpful?
337
80
SumoPrideMon Oct 28 2024
The primary objective of Polygon is to provide Ethereum users with a means to execute transactions more swiftly and cost-effectively.
Was this helpful?
267
32
AndreaMon Oct 28 2024
To achieve this, Polygon employs Layer 2 sidechains, which operate in parallel to the Ethereum main chain.