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MATIC's monthly gain proves that a cryptocurrency backed by growing usage can weather broader market sell-off. Polygon’s MATIC Token Ended May Up 120% Despite Bitcoin’s Price Crash Skip to ...
Source: Shutterstock Polygon’s price is at $2.31 today and rising. The 10% gain in morning trading adds to the digital token’s 13,000% gain for the year. On Jan. 3, 2021, MATIC’s price stood ...
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Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum. As with Ethereum, it uses a proof of stake consensus mechanism for processing transactions on-chain.
The concept of non-fungible digital assets that could be owned on a blockchain predated ERC-721, with projects like Colored Coins on Bitcoin in 2012. [7] In 2017, just prior to ERC-721’s publication, Larva Labs launched the CryptoPunks NFT project on Ethereum using ERC-20 (a fungible token standard).
Originally known as the Matic Network, Polygon was created to scale Ethereum and improve the infrastructure. It is an India-based project aiming to make transactions cheaper and quicker on the ...
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