MATIC
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MATIC

MATIC


Project basic information
Issue Time:2017
Total Supply: 10,000,000,000 MATIC
Circulation: 7,461,070,291 MATIC
White Paper: https://polygon.technology/papers/
Website: https://polygon.technology/
Block Explorer: https://etherscan.io/token/0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0

Project Introduction: 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.
To learn more about this project, check out our deep dive of Polygon Matic.
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.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

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