THELOGICALINDIAN - PRESS RELEASE Recently LBank Exchange captivated an AMA affair with the Polygon aggregation discussing Polygons achievements collaborations NFT and Gaming markets Nightfall band-aid approaching affairs and so on Heres the arbitrary of this AMA
Ethereum is the blockchain development belvedere of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a agreement and a framework for architecture and abutting Ethereum-compatible blockchain networks, Polygon break through these limitations by accumulation scalable solutions on Ethereum and acknowledging a multi-chain Ethereum ecosystem.
Polygon Outperforms Ethereum In-terms Of Active Users
As a band 2 solutions aggregator congenital on top of Ethereum, Polygon has fabricated some abundant achievements back its birth, its POS alternation has over 2024 DApps alive and processes over 7 actor affairs daily. In fact, Polygon now has added circadian alive users than Ethereum.
MATIC, the badge for the polygon network, is already alive on trading platforms like LBank Exchange, and currently the trading aggregate of it is over 1 billion beyond exchanges. Polygon aggregation is aiming to accomplish added bodies authority MATIC tokens, and it’s acquisitive to see MATIC’s trading aggregate on LBank Exchange abide to abound as well.
Expanding the Polygon ecosystem
With the ability to accompany bags of new users into blockchain, NFT and Gaming markets are cardinal sectors that Polygon continues to focus on. There are already some of the better gaming projects alive on Polygon, such as Decentral Games, Sandbox, Somnium Space, Vulcan Verse, etc. As for NFT projects, there are OpenSea, Lazy.com, Autograph, etc.
The aggregation will be bringing abounding added such amateur and NFT projects assimilate Polygon so that its association can adore added artwork and fun. In addition, Polygon allows for massive scalability, and compared to Ethereum, minting costs on Polygon are 100,000 times cheaper on average.
Polygon additionally has articles advised for action barter who charge aloofness and scalability, such as Nightfall, a one-of-a-kind, privacy-focused Rollup that combines Optimistic Rollups with Zero-Knowledge (ZK) cryptography frequently acclimated in ZK Rollups. It creates a scalable and clandestine amalgam of the two accepted technologies.
Polygon Nightfall has the ability to accompany abounding ample enterprises into blockchain, the aggregation believes that it will advance to a ample cardinal of affairs on Polygon and added add new projects and users to the Polygon ecosystem.
Big Plans Ahead
The Polygon aggregation has already got some big affairs ahead. On the abstruse side, Polygon is advance heavily into ZK and ZK Rollup technology, for example, the aggregation has already spent $250 actor on accepting Hermez, which is a decentralized, open-source ZK Rollup optimized for secure, bargain and accessible badge transfers on the wings of Ethereum.
Polygon has additionally acquired accession 4 teams to body added ZK Rollup chains, to accomplish the ambition of architecture awful scalable EVM enabled ZK Rollup technology. In addition, Polygon has updates advancing for its POS alternation and capacity on EIP 1559 implementation.
On the business side, Polygon has abounding agitative updates as well, with lots of big DApps and integrations planned. Significantly, Arjun, Polygon’s Head of Growth, credibility out that LBank is acceptable its all-around branding. He additionally assures that the adulation of the association makes the aggregation accomplish its goals, so it will abide to coact with LBank Exchange to accompany added Polygon projects and tokens to the community. Polygon aggregation will accumulate announcement on its official amusing media accounts such as Twitter to acknowledge added capacity about approaching affairs and latest updates.
About Polygon
Polygon is a band 2 accumulation scalable band-aid on Ethereum that supports a multi-chain Ethereum ecosystem. The belvedere resolves the blockchain challenges like aerial gas fees, apathetic acceleration after sacrificing security. It is a agreement and framework to body and affix Ethereum-compatible blockchains.
Visit to Know more:
Website: https://polygon.technology/
Twitter: https://twitter.com/0xPolygon
Telegram: https://t.me/polygonofficial
Discord: https://discord.com/invite/polygon
About LBank
LBank is an ever-growing crypto trading belvedere which offers safe trading for the users worldwide. The aggregation aspires to body the able affiliation casework for crypto-assets actuality a acceptable trading platform. It has become accepted with over 6.4 actor users about the world.
Visit to Know More:
Website: https://www.lbank.info/
Twitter: https://twitter.com/LBank_Exchange
Telegram: https://t.me/LBank_en
LinkedIn: https://www.linkedin.com/company/lbank
Facebook: https://www.facebook.com/LBank.info/
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