MATIC
Polygon (MATIC), launched in October 2017, is a Layer 2 scaling solution for Ethereum, aiming to enhance scalability and reduce transaction complexity. It uses a custom version of the Plasma framework, enabling up to 65,536 transactions per block on each sidechain. The London Hard Fork and EIP-1559 upgrade went live on January 18, 2022, changing the fee mechanism on the Ethereum network. As of now, Polygon has a circulating supply of 4,877,830,774 MATIC tokens out of a maximum supply of 10,000,000,000. The network is secured through a proof-of-stake consensus mechanism, with validators staking MATIC tokens as collateral.
Polygon (MATIC) Details Open Money Stack Architecture for Enterprise Stablecoin Payments
Polygon (MATIC) Labs reveals technical breakdown of Open Money Stack, combining $2.3T settlement infrastructure with Coinme acquisition for end-to-end stablecoin rails.
Polygon (MATIC) Details Open Money Stack Architecture After $250M Acquisition Spree
Polygon (MATIC) Labs explains how Coinme and Sequence acquisitions create a vertically integrated stablecoin payments system spanning 48 US states and 50+ blockchains.
Polygon (POL) Token to Replace MATIC in Major Ecosystem Upgrade
Polygon announces the transition from MATIC to POL, enhancing utility and functionality within the network. The upgrade aims to bolster security and scalability.
Bitfinex to List POL, Native Token of Polygon (MATIC)
Bitfinex announces the listing of POL, the native token of Polygon (MATIC), enhancing trading opportunities for users.
Binance to Support Polygon (MATIC) Swap to Polygon (POL) Token
Binance announces support for the Polygon (MATIC) token swap to Polygon (POL), with detailed instructions and timelines for users.
BitMEX Users to Experience Changes Amid MATIC to POL Migration
BitMEX will support the migration from MATIC to POL tokens on the Polygon network, delisting MATIC contracts and enabling zero network fees for withdrawals.
Farcaster Frames Integrates Polygon (MATIC) PoS Transactions, Launches $500k Grants Program
Farcaster Frames now supports Polygon (MATIC) PoS transactions and has launched a $500k MATIC grants program to encourage builder innovation.
Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage
Binance Futures is set to expand its trading offerings by launching USDC-margined perpetual contracts for BOME, TIA, and MATIC cryptocurrencies. These contracts will provide traders with leverage of up to 75x, allowing for enhanced trading opportunities. The launch is aimed at enhancing users' trading experience and increasing trading choices on the Binance Futures platform.
Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum
Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink.
Polygon Labs Announces Downsizing, Cuts 19% of Workforce
Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation increase and Polygon ID project spin-off.
Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet
Polygon is closing in on the launch of its 2.0 version with the deployment of POL contracts on the Goerli testnet. This significant development is a result of community consultations and the introduction of two new Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25. These PIPs aim to modify the EIP-1559 burn system and adjust the POL token supply.
Google Cloud Becomes Validator on Polygon's PoS Network
Google Cloud has joined Polygon's PoS network as a validator, adding an extra layer of security and credibility. The network already has over 100 validators, and Google Cloud's involvement is expected to further strengthen it. Users can monitor validator performance through a dedicated dashboard, where Google Cloud has staked 25,391.67 MATIC.
Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration
Polygon has launched the Solution Provider Network (SPN) to facilitate real-time connections between developers and essential infrastructure like oracles, bridges, RPC providers, and wallets, enhancing visibility and credibility within the Polygon ecosystem.
MATIC: Polygon zkEVM Prepares for Dragon Fruit Upgrade
Polygon ($MATIC) has announced its Dragon Fruit upgrade on September 10, ForkID5, which introduces the latest Ethereum opcode, PUSH0, and a non-critical RLP parsing bug fix. The upgrade will be implemented on Polygon's zkEVM Mainnet Beta, with a 10-day timelock for users and developers.
Polygon Founder Announces POL: Massive Technical Upgrade to MATIC
Sandeep Nailwal introduces the POL token, a technical upgrade to Polygon's ecosystem, revolutionizing multi-chain staking and introducing a new era in token design.