How Does Polygon Work?

OWNR Wallet
Mar 6, 2024

--

With the use of several sidechains (special blockchains tied to the major network), Polygon is a multi-level platform that intends to scale Ethereum by offloading the main platform in a more efficient and less expensive manner. It makes Polygon comparable with similar competing networks (Cosmos, Solana, Polkadot, and Avalanche).

The Polygon software development kit (SDK) is the backbone of the network and is used to create sidechains for decentralized apps that are compatible with Ethereum and link them to its main blockchain. The blockchain leverages several scalability methods to run transactions:

🔹 Plasma Chains (bundling transactions into blocks);
🔹 zk-Rollups (multiple transfers within a single transaction);
🔹 Optimistic Rollups (the same as Plasma Chains, but with scaling of Ether smart contracts).

Read more about Polygon (MATIC) on our blog: https://ownrwallet.com/en/blog/what-polygon-matic-and-how-does-it-work-ownr-wallet/

--

--

No responses yet