Polygon Labs COO Michael Blank is leaving his position as an executive at the company.
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Polygon (MATIC): Let's Understand with the 5W1K Method
Why? Polygon (MATIC) is a layer-2 blockchain solution compatible with Ethereum. It aims to increase Ethereum's transaction volume and speed. It does this by using separate blockchains called sidechains. Created by Who? Polygon was founded in 2017 by Sandeep Nailwal, Jaynti Kanani, Anurag Arjun and Mihailo Bjelic. When Was It Created? Polygon was first launched in 2017 under the name Matic Network. In 2021, it was renamed Polygon.
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