PolygonEvolution
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$POL , formerly known as Matic Network.
Polygon is a decentralized Ethereum scaling platform that enables fast, secure, and low-cost transactions. Its native token, MATIC, has been renamed from Matic to Polygon.
As for its future value, it's difficult to predict with certainty due to market volatility. However, Polygon has shown significant growth and adoption, with a strong roadmap and partnerships. Some predictions suggest:
- Short-term (2025): $2-$5
- Mid-term (2027): $5-$10
- Long-term (2030): $10-$20
Please note that these are speculative predictions and should not be taken as investment advice. Always do your own research and consider multiple sources before making investment decisions.
#PolygonMATIC #PolygonEvolution #MaticUSDC #polygon2.0
Polygon is a decentralized Ethereum scaling platform that enables fast, secure, and low-cost transactions. Its native token, MATIC, has been renamed from Matic to Polygon.
As for its future value, it's difficult to predict with certainty due to market volatility. However, Polygon has shown significant growth and adoption, with a strong roadmap and partnerships. Some predictions suggest:
- Short-term (2025): $2-$5
- Mid-term (2027): $5-$10
- Long-term (2030): $10-$20
Please note that these are speculative predictions and should not be taken as investment advice. Always do your own research and consider multiple sources before making investment decisions.
#PolygonMATIC #PolygonEvolution #MaticUSDC #polygon2.0
POLYGON Significant upgrade
Polygon recently completed a significant upgrade, transitioning its native token from MATIC to POL as of September 2024. This upgrade is a key part of Polygon's broader Polygon 2.0 vision, which aims to enhance the scalability and utility of its network.
The POL token now replaces MATIC as the network's primary gas and staking token. Unlike MATIC, which had a fixed supply, POL introduces an inflationary model with a 2% annual growth rate. This is designed to support long-term network growth, with 1% going to validator rewards and the other 1% allocated to a community treasury for ecosystem development and grants.
A notable feature of POL is its aim to become a "hyperproductive" token. It is designed to earn fees from various activities beyond just gas fees and staking, including securing data availability and decentralizing network components. Polygon's developers plan to unlock more of POL's potential in the coming years, with full functionality expected to roll out by 2025 as part of a more extensive cross-chain ecosystem.
#MATIC #POL #PolygonEvolution #CryptoMarketMoves $BTC $TON
The POL token now replaces MATIC as the network's primary gas and staking token. Unlike MATIC, which had a fixed supply, POL introduces an inflationary model with a 2% annual growth rate. This is designed to support long-term network growth, with 1% going to validator rewards and the other 1% allocated to a community treasury for ecosystem development and grants.
A notable feature of POL is its aim to become a "hyperproductive" token. It is designed to earn fees from various activities beyond just gas fees and staking, including securing data availability and decentralizing network components. Polygon's developers plan to unlock more of POL's potential in the coming years, with full functionality expected to roll out by 2025 as part of a more extensive cross-chain ecosystem.
#MATIC #POL #PolygonEvolution #CryptoMarketMoves $BTC $TON
Polygonâs Shift From MATIC to POL Fuels Trading Surge and Network Expansion
#PolygonEvolution #matics #Polygen #MATIC.æŻæ„æșèœçç„
#MaticPol
Introduction
Polygonâs transition from $MATIC to $POL has spurred remarkable developments, including notable anomalies in the networkâs early days post-migration.
Following extensive community discussions over the past year, the upgrade from MATIC to POL is now fully operational, marking a transformative phase in Polygon's evolution.
From this point forward, all transactions on the Polygon PoS chain will utilize $POL as the primary token for gas fees and staking.
This shift plays a pivotal role in the broader Polygon 2.0 vision, which was introduced in mid-2023. Since then, the Polygon team has outlined a comprehensive roadmap, detailing how this migration will unfold and the advantages $POL brings, such as improved scalability, enhanced security, and greater efficiency.
In preparation for the official upgrade, Polygon launched a Testnet update in July 2024 to allow developers and users to get accustomed to the transition process.
Key Insights on the $MATIC to $POL Swap
The token swap from $MATIC to $POL follows a 1:1 ratio, but this change goes beyond a mere technical upgradeâit's a strategic move aimed at strengthening the network's scalability and performance.
Despite the thorough information provided, some retail traders have experienced confusion, uncertain about how this transition affects their portfolios. The migration has triggered a surge in trading activity, with many users eager to exchange their $MATIC for $POL, drawn by the new tokenâs expanded capabilities. Unlike $MATIC, which mainly supported staking and gas payments, $POL introduces multi-chain staking, enabling users to stake across various Polygon chains. This enhances the networkâs security and creates additional fee-earning potential.
As $POL gains momentum, the network has seen a sharp rise in new wallet creations. Recent data shows 487 new $POL wallets have been created, with $MATIC seeing 794. This suggests a significant shift in daily wallet activity could occur soon.
Conclusion
Polygonâs migration to $POL signifies a substantial leap in its ecosystem, bringing enhanced features and heightened network engagement. With trading activity spiking and new wallets being created, Polygon is well on its way to realizing its vision of a more scalable and secure blockchain future.
#MaticPol
Introduction
Polygonâs transition from $MATIC to $POL has spurred remarkable developments, including notable anomalies in the networkâs early days post-migration.
Following extensive community discussions over the past year, the upgrade from MATIC to POL is now fully operational, marking a transformative phase in Polygon's evolution.
From this point forward, all transactions on the Polygon PoS chain will utilize $POL as the primary token for gas fees and staking.
This shift plays a pivotal role in the broader Polygon 2.0 vision, which was introduced in mid-2023. Since then, the Polygon team has outlined a comprehensive roadmap, detailing how this migration will unfold and the advantages $POL brings, such as improved scalability, enhanced security, and greater efficiency.
In preparation for the official upgrade, Polygon launched a Testnet update in July 2024 to allow developers and users to get accustomed to the transition process.
Key Insights on the $MATIC to $POL Swap
The token swap from $MATIC to $POL follows a 1:1 ratio, but this change goes beyond a mere technical upgradeâit's a strategic move aimed at strengthening the network's scalability and performance.
Despite the thorough information provided, some retail traders have experienced confusion, uncertain about how this transition affects their portfolios. The migration has triggered a surge in trading activity, with many users eager to exchange their $MATIC for $POL, drawn by the new tokenâs expanded capabilities. Unlike $MATIC, which mainly supported staking and gas payments, $POL introduces multi-chain staking, enabling users to stake across various Polygon chains. This enhances the networkâs security and creates additional fee-earning potential.
As $POL gains momentum, the network has seen a sharp rise in new wallet creations. Recent data shows 487 new $POL wallets have been created, with $MATIC seeing 794. This suggests a significant shift in daily wallet activity could occur soon.
Conclusion
Polygonâs migration to $POL signifies a substantial leap in its ecosystem, bringing enhanced features and heightened network engagement. With trading activity spiking and new wallets being created, Polygon is well on its way to realizing its vision of a more scalable and secure blockchain future.
Scaling Possibilities: Navigating the Matic Network
Matic, now known as Polygon, is a layer 2 scaling solution for Ethereum, designed to enhance scalability, reduce transaction costs, and improve the user experience of decentralized applications (DApps). Launched in 2019, Matic aims to address the limitations of the Ethereum network by providing a more efficient and cost-effective infrastructure.Key Characteristics:1. Layer 2 Scaling: Matic operates as a layer 2 scaling solution on top of the Ethereum blockchain. This means it leverages Ethereum as its base layer, benefiting from its security while introducing additional layers to boost scalability and performance.2. Proof of Stake (PoS): Matic uses a Proof of Stake consensus mechanism, specifically the Matic PoS chain, to validate transactions. This approach enhances energy efficiency and reduces the environmental impact compared to traditional Proof of Work (PoW) systems.3. Fast and Low-Cost Transactions: One of Matic's primary objectives is to provide faster and more affordable transactions compared to the Ethereum mainnet. By processing transactions off-chain and periodically committing them to the Ethereum mainnet, Matic significantly reduces transaction fees and confirmation times.4. Interoperability: Matic is designed to be interoperable with other blockchains, allowing assets to move seamlessly between different platforms. This interoperability fosters collaboration within the broader blockchain ecosystem and supports the development of cross-chain applications.Use Cases:1. Decentralized Finance (DeFi): Matic has gained popularity as a scaling solution for various DeFi applications. Its low transaction fees and quick confirmation times make it an attractive choice for users engaging in decentralized lending, trading, and yield farming.2. NFT Platforms: Matic has seen widespread adoption in the non-fungible token (NFT) space. NFT platforms built on Matic benefit from the platform's scalability, enabling users to mint, trade, and interact with NFTs without the congestion and high costs often associated with the Ethereum mainnet.3. Gaming: Matic's high throughput and low fees make it well-suited for blockchain gaming. Developers can leverage the platform to create games with seamless in-game transactions, providing a better user experience for gamers.4. Ecosystem Growth: Matic actively works to expand its ecosystem by collaborating with various projects, developers, and enterprises. This collaborative approach aims to bring innovation to the blockchain space and drive the adoption of layer 2 scaling solutions.As Matic continues to evolve within the Polygon ecosystem, it offers users and developers a versatile and scalable platform to explore new possibilities in decentralized applications and blockchain technology. Join the conversation on Binance Square to share your thoughts, discover new projects, and stay updated on Matic's latest developments! #MATICđ„đ„ #PolygonEvolution #Layer2 #Scalability
OKX, a big crypto exchange, and Polygon Labs have teamed up to introduce the testnet for their cool Layer 2 network called "X1."
This is a major step forward for Ethereum scaling solutions, offering improved security, scalability, and lower transaction costs. The X1 network, built on Ethereum and using zero-knowledge proofs, is expected to use OKB, OKX's own token, as its main currency for gas fees. This collaboration also involves Polygon's Chain Development Kit (CDK), a technology that Polygon Labs recently introduced for creating Layer 2 blockchains with zero-knowledge proofs. It's exciting to see these advancements in the crypto space! đđȘ
According to what OKX shared with The Block, X1 is designed to be a super secure and scalable network. Its goal is to make it easier to deploy Ethereum Virtual Machine (EVM)-based decentralized applications (DApps) while staying compatible with different smart contracts, wallets, and tools in the Ethereum ecosystem. Jason Lau, the chief innovation officer at OKX, talked about how important X1 is in their vision. He emphasized its role in educating and integrating users into the Web3 world. Lau also mentioned that X1 is developer-friendly, allowing the creation of user-friendly Web3 applications while still being able to work with other networks. Polygon Labs' introduction of the CDK for Layer 2 blockchain development paved the way for various Layer 2 projects, like Immutable zkEVM, IDEX, Palm Network, and Astar zkEVM. These developments show the growing interest and use of zero-knowledge proofs in the Ethereum space. It's exciting to see how these advancements are shaping the future! đđđĄ
The collaboration between OK and Polygon Labs shows their joint effort to revolutionize Ethereum's scalability and accessibility. They're focused on providing efficient and secure solutions for developers and users of blockchain-based applications. The launch of the X1 testnet is a big step forward in Ethereum's evolution. #BTC #PolygonEvolution
This is a major step forward for Ethereum scaling solutions, offering improved security, scalability, and lower transaction costs. The X1 network, built on Ethereum and using zero-knowledge proofs, is expected to use OKB, OKX's own token, as its main currency for gas fees. This collaboration also involves Polygon's Chain Development Kit (CDK), a technology that Polygon Labs recently introduced for creating Layer 2 blockchains with zero-knowledge proofs. It's exciting to see these advancements in the crypto space! đđȘ
According to what OKX shared with The Block, X1 is designed to be a super secure and scalable network. Its goal is to make it easier to deploy Ethereum Virtual Machine (EVM)-based decentralized applications (DApps) while staying compatible with different smart contracts, wallets, and tools in the Ethereum ecosystem. Jason Lau, the chief innovation officer at OKX, talked about how important X1 is in their vision. He emphasized its role in educating and integrating users into the Web3 world. Lau also mentioned that X1 is developer-friendly, allowing the creation of user-friendly Web3 applications while still being able to work with other networks. Polygon Labs' introduction of the CDK for Layer 2 blockchain development paved the way for various Layer 2 projects, like Immutable zkEVM, IDEX, Palm Network, and Astar zkEVM. These developments show the growing interest and use of zero-knowledge proofs in the Ethereum space. It's exciting to see how these advancements are shaping the future! đđđĄ
The collaboration between OK and Polygon Labs shows their joint effort to revolutionize Ethereum's scalability and accessibility. They're focused on providing efficient and secure solutions for developers and users of blockchain-based applications. The launch of the X1 testnet is a big step forward in Ethereum's evolution. #BTC #PolygonEvolution
"Reddit Enters Crypto Arena, Adds Bitcoin, Ethereum, and Polygon to Balance Sheet"
Ahead of its initial public offering (IPO), Reddit has disclosed its cryptocurrency holdings, with Bitcoin, Ethereum, and Polygon on the companyâs books.
Read more on: https://thecryptobasic.com/2024/02/23/reddit-now-holds-bitcoin-ethereum-and-polygon-on-its-balance-sheet/
#BitcoinStrength #Ethereum... #PolygonEvolution #Crypto #CryptoNewsđđ°đ«
Read more on: https://thecryptobasic.com/2024/02/23/reddit-now-holds-bitcoin-ethereum-and-polygon-on-its-balance-sheet/
#BitcoinStrength #Ethereum... #PolygonEvolution #Crypto #CryptoNewsđđ°đ«
Before #trading or #buying any #cryptocurrency, consider factors such as:
1. **Research:** Understand the cryptocurrency you're interested in. Explore its technology, use case, and community support.
2. **Volatility:** Cryptocurrencies are known for their price volatility. Be prepared for rapid price fluctuations.
3. **Security:** Choose reputable exchanges and wallets. Implement strong security measures like two-factor authentication.
4. **Regulation:** Be aware of cryptocurrency regulations in your jurisdiction. Compliance can impact your ability to trade.
5. **Diversification:** Don't put all your funds into one cryptocurrency. Diversify your portfolio to spread risk.
6. **Scams and Frauds:** Be cautious of scams. Avoid schemes that promise guaranteed returns or sound too good to be true.
7. **Long-Term vs. Short-Term:** Define your investment strategy. Are you in it for the long term or looking for short-term gains?
8. **Market Trends:** Stay informed about market trends and news. External factors can influence cryptocurrency prices.
9. **Liquidity:** Ensure the cryptocurrency has enough liquidity for easy buying/selling without significant price impact.
10. **Risk Tolerance:** Only invest what you can afford to lose. Cryptocurrency investments carry inherent risks.
Always do your due diligence and consider seeking advice from financial professionals before making significant investment decisions.
#BTC #matic #Web3Wallet #SOLPriceRise #meme #PolygonEvolution $BTC
$BTC $ETH
1. **Research:** Understand the cryptocurrency you're interested in. Explore its technology, use case, and community support.
2. **Volatility:** Cryptocurrencies are known for their price volatility. Be prepared for rapid price fluctuations.
3. **Security:** Choose reputable exchanges and wallets. Implement strong security measures like two-factor authentication.
4. **Regulation:** Be aware of cryptocurrency regulations in your jurisdiction. Compliance can impact your ability to trade.
5. **Diversification:** Don't put all your funds into one cryptocurrency. Diversify your portfolio to spread risk.
6. **Scams and Frauds:** Be cautious of scams. Avoid schemes that promise guaranteed returns or sound too good to be true.
7. **Long-Term vs. Short-Term:** Define your investment strategy. Are you in it for the long term or looking for short-term gains?
8. **Market Trends:** Stay informed about market trends and news. External factors can influence cryptocurrency prices.
9. **Liquidity:** Ensure the cryptocurrency has enough liquidity for easy buying/selling without significant price impact.
10. **Risk Tolerance:** Only invest what you can afford to lose. Cryptocurrency investments carry inherent risks.
Always do your due diligence and consider seeking advice from financial professionals before making significant investment decisions.
#BTC #matic #Web3Wallet #SOLPriceRise #meme #PolygonEvolution $BTC
$BTC $ETH
Uncle Sam's going crypto!
Over $1 billion in US Treasuries are now tokenized on blockchains like Ethereum & Polygon.
You can now get a slice of the US government with a few clicks, and your purchase is secured by one of the safest blockchain technologies in existence.
This is extremely bullish and a massive step towards mainstream crypto adoption!
Weâre getting closer to general acceptance by the day.
Fun times ahead.
#CryptoInsightsUnleashed #TokenizationOfRWA #PolygonEvolution #Ethereumâ
Over $1 billion in US Treasuries are now tokenized on blockchains like Ethereum & Polygon.
You can now get a slice of the US government with a few clicks, and your purchase is secured by one of the safest blockchain technologies in existence.
This is extremely bullish and a massive step towards mainstream crypto adoption!
Weâre getting closer to general acceptance by the day.
Fun times ahead.
#CryptoInsightsUnleashed #TokenizationOfRWA #PolygonEvolution #Ethereumâ
https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/71206743363186416486792569524009584010087186435717059399687157307554530328577/
check this out my first nft #nft #OpenSea's #community #crypto2024SpaceCatch #PolygonEvolution
check this out my first nft #nft #OpenSea's #community #crypto2024SpaceCatch #PolygonEvolution
Don't miss out! Get PolyMoon tokens on the Polygon network now. Here's why you should join:
1. Use a referral to earn an extra 10,000 tokens.
2. It's free.$CKB
3. It uses zero energy.
Just click the link below to get started:
đ T.me/PolyMoonNewAirdropBot?start=1688620181
Don't miss this opportunity! #BullorBear $SAGA #Memecoins s #PolygonEvolution
1. Use a referral to earn an extra 10,000 tokens.
2. It's free.$CKB
3. It uses zero energy.
Just click the link below to get started:
đ T.me/PolyMoonNewAirdropBot?start=1688620181
Don't miss this opportunity! #BullorBear $SAGA #Memecoins s #PolygonEvolution
đïž Sandeep Nailwal, co-founder of Polygon (MATIC), outlines the key events for December:
1ïžâŁ December 7th: Polygon Connect event in India.
2ïžâŁ December 14th: Unveiling of a zero-knowledge (ZK)-based demo product, a significant milestone for the Ethereum ecosystem.
3ïžâŁ December 20th: Launch of real asset tokenization (RWA) with related announcements.
Exciting developments ahead for Polygon in December! đđïž #PolygonEvolution #MATIC #CryptoNews
1ïžâŁ December 7th: Polygon Connect event in India.
2ïžâŁ December 14th: Unveiling of a zero-knowledge (ZK)-based demo product, a significant milestone for the Ethereum ecosystem.
3ïžâŁ December 20th: Launch of real asset tokenization (RWA) with related announcements.
Exciting developments ahead for Polygon in December! đđïž #PolygonEvolution #MATIC #CryptoNews
Connect with us on the @bitsCrunch - AI enhanced blockchain analytics and forensics and unlock the potential of #BCUT tokens. By delegating your tokens, you're not just earning rewards â you're contributing to the advancement of blockchain technology and shaping its future.
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#BTC #PolygonEvolution #NFT.
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#BTC #PolygonEvolution #NFT.
$MATIC vs $BTC
Remember how bullish everyone was on MATIC when it was at ATH against BTC xD...
People were converting ETH and BTC into matic lmao.
Now nobody want's it... well If it goes a bit lower I might consider adding some to my spot bag.
#MATICâ #PolygonEvolution
Remember how bullish everyone was on MATIC when it was at ATH against BTC xD...
People were converting ETH and BTC into matic lmao.
Now nobody want's it... well If it goes a bit lower I might consider adding some to my spot bag.
#MATICâ #PolygonEvolution
$BTC Polygon, previously known as Matic Network, was developed by a team of Indian developers including Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. The project was conceived in 2017 and officially launched in 2019. Since then, the technology has undergone significant development and upgrades.
The main aim of Polygon is to provide scalability solutions for Ethereum, making it more efficient and cost-effective for decentralized applications (DApps) and smart contracts. Polygon achieves this by employing a Layer 2 scaling solution called the Polygon PoS (Proof of Stake) chain.
By leveraging a combination of technologies such as Plasma chains, zkRollups, and Optimistic Rollups, Polygon allows applications to be built on top of its infrastructure while benefiting from Ethereum's security and asset interoperability. This enables high-performance and low-cost transactions on the Polygon blockchain.
Additionally, Polygon has gained recognition and adoption as a multi-chain platform that supports interoperability between different blockchains. It has become one of the leading layer 2 scaling solutions for Ethereum, providing a scalable and user-friendly ecosystem for developers and users alike.$
#WebNext #BinanceWish #BinanceNFTMarketplace #MATIC #PolygonEvolution
After BTC Halving Price Will Be đ
The main aim of Polygon is to provide scalability solutions for Ethereum, making it more efficient and cost-effective for decentralized applications (DApps) and smart contracts. Polygon achieves this by employing a Layer 2 scaling solution called the Polygon PoS (Proof of Stake) chain.
By leveraging a combination of technologies such as Plasma chains, zkRollups, and Optimistic Rollups, Polygon allows applications to be built on top of its infrastructure while benefiting from Ethereum's security and asset interoperability. This enables high-performance and low-cost transactions on the Polygon blockchain.
Additionally, Polygon has gained recognition and adoption as a multi-chain platform that supports interoperability between different blockchains. It has become one of the leading layer 2 scaling solutions for Ethereum, providing a scalable and user-friendly ecosystem for developers and users alike.$
#WebNext #BinanceWish #BinanceNFTMarketplace #MATIC #PolygonEvolution
After BTC Halving Price Will Be đ
Between 50K To 60K
60%
Between 70K To 90K
0%
Between 80K To 100K
0%
Above 100K
40%
5 votes âą Voting closed
$LINK CEX outflow $0.84M
đšđą 45,708 #LINK ($0.84M) transferred from #Binance to unknown
#PolygonEvolution
đšđą 45,708 #LINK ($0.84M) transferred from #Binance to unknown
#PolygonEvolution