How to use Polygon (MATIC) for DeFi: Polygon explained

By underground mod

Polygon is a Layer-2 (L2) scaling solution designed to improve the adoption of the Ethereum blockchain. Ethereum has quickly become the go-to blockchain for decentralised application development. It has facilitated the creation of much of the cryptocurrency industry we see today. However, due to its current proof-of-work consensus mechanism, Ethereum suffers from network congestion, slow…

Matic Network and How to Use It with MetaMask?

By underground mod

Infrastructure Built Ready For Layer 2 Onboarding 6 months after its mainnet goes live, Matic has nearly 150,000 wallets created. To compare, Polkadot has less than 50,000 mainnet wallet address almost 4 months after the mainnet launch, according to Subscan. And Loom, another Ethereum Layer 2 chain, has less than 40,000 mainnet address 2 years after it’s launch.  This…