What is Polygon?
Perhaps you have already heard about our plans to deploy Buyzooka on Polygon, which has a network token $MATIC. Polygon is built on top of Ethereum, which is what makes it a Layer-2 network, fully compatible with the Ethereum infrastructure, but free from its exorbitant commission fees and network load. This means that future Buyzooka users will be protected from the scalability issues of ETH, which over the past year plagued so many projects built on the second biggest network in crypto — commission fees jumped to tens and even hundreds of dollars, while transaction speed dropped drastically. However, let’s look into what Polygon (MATIC) is?
Polygon is a Layer-2 scaling solution created to help bring mass adoption to the Ethereum platform. It caters to the diverse needs of developers by providing tools to create scalable decentralized applications (dApps) that prioritize performance, user experience (UX), and security. Polygon relies on the Proof-of-Stake (PoS) consensus algorithm, unlike ETH that uses Proof-of-Work (PoW). This is one of the things that allow Polygon to improve network performance. The upcoming ETH 2.0 is assumed to move Ethereum from PoW to PoS.
https://token.buyzooka.io