Word of the Day | Polygon

Word of the Day  -  Polygon

Word of the Day | Polygon

Imagine a busy highway (Ethereum blockchain) that's constantly jammed with traffic (transactions). This slows things down for everyone.

Polygon is like an extra lane built alongside the highway (separate blockchain). It takes some of the traffic (transactions) off the main road, making things faster and cheaper on the original highway.

Here's the breakdown:

  • Polygon works with Ethereum:¬†It's not a completely separate system, but built to help Ethereum handle more activity.
  • Faster transactions:¬†By taking the load off Ethereum, Polygon allows transactions to happen quicker.
  • Cheaper fees:¬†Because things are less congested, using Polygon for transactions is generally cheaper than using Ethereum directly.

There's more to it technically, but that's the gist! Polygon helps the Ethereum network run smoother for everyone.Word of the Day  -  Polygon

https://www.dbm.academy/faq for more blockchain vocabulary.