Polygon for Developers
The Ethereum blockchain is slow and costly. Polygon has a bunch of products and services to solve this problem.
The Ethereum blockchain is slow and costly. Polygon has a bunch of products and services to solve this problem.
Polygon's software development kit enables the building of Ethereum sidechains - blockchains linked to Ethereum via a two-way peg. These sidechains are of multiple types:
Bundling transactions into blocks which are batched into a single submission to the Ethereum blockchain (Plasma Chains)
Allowing multiple transfers to be bundled into a single transaction (zk-Rollups)
Plasma Chains which also scale Ethereum smart contracts (Optimistic Rollups)
MATIC is Polygon's native token and has the following uses:
pay for transaction fees in the network,
be the unit of payment and settlement in the Polygon ecosystem,
power the Polygon proof-of-stake sidechain.
Polygon PoS
Polygon PoS is an EVM-compatible Ethereum sidechain that is secured by a permissionless set of PoS validators.
For more, see: https://polygon.technology/solutions/polygon-pos/
Polygon Miden
Polygon Miden is layer 2 scaling solution for Ethereum. Miden relies on zero-knowledge technology (zk-STARKs) to "roll-up" thousands of layer 2 transactions into a single Ethereum transaction.
This increases throughput and reduces transaction fees.
For more, see: https://polygon.technology/solutions/polygon-miden/
Polygon Edge
Polygon Edge enables you to run your own blockchain network with customizable features. It is guided by the principles of modular architecture and provides Ethereum compatibility to your network.
For more, see: https://polygon.technology/solutions/polygon-edge/
Polygon Zero
Polygon Zero is a layer 2 scaling solution for Ethereum. Because it scales horizontally, the throughput of the protocol is limited not by the weakest nodes on the network, but only by the total compute available.
For more, see: https://polygon.technology/solutions/polygon-zero/
Polygon Nightfall
Polygon Nightfall is an Optimistic Rollup designed to lower the cost of privately transferring ERC20, ERC721 and ERC1155 tokens.
For more, see: https://polygon.technology/solutions/polygon-nightfall/
Hermez zk-rollup
Hermez zk-rollup is a layer 2 construction on top of Ethereum. It solves its scalability through mass transfer processing rolled into a single transaction.
For more, see: https://polygon.technology/solutions/polygon-hermez/
Naive Question - Since Polygon bundles a bunch of its Transactions into one Ethereum transaction and submitting them periodically, does it guarantee that there is no loss of information when it temporarily stores the Transactions within its realm? Does this batching of Polygon Transactions into one Ethereum Transaction make Polygon in a way slightly centralized?