Crypto 101: Learn all about Polygon (Matic)

Learn about Polygon, the open-source, multi-chain scaling solution for Ethereum that aims to increase the throughput and lower the cost of transactions on the Ethereum network. In this video, we discuss how Polygon uses a system of sidechains, known as "child chains," that run parallel to the main Ethereum blockchain, and are secured by a network of proof-of-stake validators. We also cover how Polygon supports a wide variety of decentralized applications (dApps) and protocols, including Ethereum-compatible smart contracts, decentralized finance (DeFi) platforms, and non-fungible token (NFT) marketplaces, using its own token, MATIC. We also touch on how Polygon's architecture allows for faster and cheaper transactions, as well as greater scalability and security.

Tools I am using: Ledger Live: https://shop.ledger.com/?referral_code=061CQPNDYJGC8

I Buy my Crypto right from the app.

Were I day trade: https://phemex.com/register?referralCode=G3GKF5

Check Out My NFT's
https://exchange.art/jmoneygaming

1π! Pi is a new digital currency developed by Stanford PhDs, with over 35 million members worldwide. To claim your Pi, follow this link https://minepi.com/jmoneygaming and use my username (jmoneygaming) as your invitation code.

Easy places to buy crypto Coinbase and Robinhood. Please don't keep money on the exchange! Get a Ledger link above or any Crypto cold wallet. Not your keys not your Crypto

#Polygon
#EthereumScalingSolution
#Layer2Scaling
#Sidechains
#ChildChains
#ProofOfStake
#Validators
#DecentralizedApplications
#SmartContracts
#DeFiPlatforms
#NonFungibleTokens
#MATIC
#Scalability
#Security
#HighGasFees
#Plasma
#Cryptocurrency
#BlockchainTechnology