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#TradeNTell $MATIC Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
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#Write2Earn The post Traders Think This New Crypto Could Explode After Raising Over $500k Through ICO appeared first on Coinpedia Fintech News The ICO for eTukTuk (TUK), an eco-friendly cryptocurrency aiming to revolutionize transportation in developing countries, has just passed the $560,000 fundraising milestone. With an ambitious roadmap for the years ahead, eTukTuk seeks to make sustainable transport more affordable and accessible to unbanked populations.
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Recent reports showed that Polygon [MATIC] had a strong performance in 2023, particularly in certain key metrics. The data revealed strong competition with Ethereum, and it ranked higher than all other major blockchain networks. Polygon delivered an impressive performance that went somewhat unnoticed by many. However, recent data published by Flipside sheds light on the network’s standing, showing that it ranked second only to Ethereum in user metrics. The data showed that the observed networks attracted over 62 million users. Among these, Polygon had over 15.2 million acquired users, placing it just behind Ethereum with its over 15.4 million acquired users. In this context, “acquired users” refers to users who conducted at least two transactions on the network. #TradeNTell $MATIC
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