What makes Polygon better than The Open Network?
Polygon is a network set up over Ethereum. Designed to increase the scalability of the blockchain and reduce transaction costs.
The test network was launched in 2017.
Advantages of Polygon:
1. Capitalization: 6 billion dollars, which is 6 times more than the capitalization of TON.
2. Presence of USDT stablecoin in the network.
3. Half a million active users.
4. Polygon implements EVM-compliant networks. EVM Network allows to use Ethereum`s resources and audiences to significantly increase scalability.
5. The network ecosystem has more than 7,000 applications in the fields of: DeFi, NFT, games and metauniverses.
Role of Matic
«Matic» token is used for payment of commissions and trading transactions between users.
The amount of token offered is 10 billion. 80% of which are in active circulation. On TON, the same figure - 24%.
In addition, Polygon is a well-developed network architecture, which makes it easier to work on projects and gives great opportunities for development.
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