Polygon

Matic Network is a second-tier scalability platform that enables fast, simple and secure off-chain transactions, not only payment transactions, but also generalized off-chain smart contracts. Matic Network is an important contributor to the Ethereum ecosystem, committed to the implementation of plasma MVP (Minimum Operating Plasma), WalletConnect protocol and Ethereum event reminder engine-Dagger has made outstanding contributions. Matic tokens are used for equity staking and participate in the proof consensus mechanism of the side chain network.