Cryptocurrency Q&A
What is Polygon built on?
What is Polygon built on?
Tommaso
Mon Sep 16 2024
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5 answers
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Can you explain, in a straightforward manner, the foundation upon which Polygon has been constructed? What underlying technology or blockchain infrastructure does it rely on for its functionality and operation? Is it an independent blockchain or is it integrated with and built on top of an existing, well-known blockchain ecosystem? I'm particularly interested in understanding the architectural design choices behind Polygon and how they contribute to its scalability, security, and interoperability features.
5 answers
amelia_miller_designer
Wed Sep 18 2024
Polygon and Ethereum coexist in a mutually beneficial relationship, rather than engaging in direct competition. Polygon's primary objective is to leverage its robust network to establish a foundational layer that facilitates the widespread embrace of Ethereum.
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SamuraiSoul
Wed Sep 18 2024
This strategic alignment stems from the fact that Polygon is inherently integrated with Ethereum's blockchain, fostering a profound interdependence. Polygon's success is intricately tied to Ethereum's stability and growth, as it harnesses Ethereum's capabilities to offer enhanced scalability and efficiency.
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CryptoChampion
Wed Sep 18 2024
On the other hand, Ethereum benefits from Polygon's contributions by alleviating some of the congestion and high transaction fees that can hinder its scalability. Polygon acts as a bridge, enabling Ethereum to accommodate a broader range of users and applications without compromising its core functionality.
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Maria
Wed Sep 18 2024
BTCC, a premier cryptocurrency exchange platform, plays a pivotal role in the ever-evolving crypto landscape. Its comprehensive suite of services, encompassing spot trading, futures markets, and secure digital wallets, caters to the diverse needs of crypto enthusiasts and investors worldwide.
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Leonardo
Tue Sep 17 2024
BTCC's spot trading feature enables users to buy and sell cryptocurrencies at current market prices, providing instant liquidity and seamless transactions. Additionally, its futures trading platform offers advanced trading options, allowing traders to hedge against risks and capitalize on market movements.
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