Polygon to Democratize NFT Interactions by Improving Approachability
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More Accessible Non-fungible tokens (NFTs) remain the talk of the town, intriguing crypto enthusiasts and collectors alike with their value proposition for creators and unique ownership properties. Yet, despite the intrigue, the hype has also illuminated the many drawbacks of these novel tokens,....
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Ahead of the 2017 expectations on the various projects that are likely to be rolled out on the Ethereum platform, the key issue of trust stands out as a recurring feature that makes the network different. Based on the presumption of the new projects and their potential to make the network reach the mass market sooner than most users could imagine, Consensys’ Carolyn Reckhow says Ethereum is going to democratize business logics. Complex transactions. This fact is applicable to the financial world and other industries that have complex interactions between parties that require trust between....
Polygon has launched a subdivision called Polygon Studios, and has set up a $100 million fund for NFT gaming projects. Polygon Launches Subdivision With The Aim To Grow NFT Gaming Originally created with the aim of providing a framework for building and connecting Ethereum networks, the Polygon platform has spread its ecosystem wide. Now, Polygon […]
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software development kit (SDK) to release by Q2 2022.
Polygon Reveals ID Protocol Powered by ZK Technology
Polygon has introduced a new identity platform called Polygon ID that aims to bolster zero-knowledge identity for Web3 applications. In the....
DinoSwap, a yield farming platform on Polygon, which works similarly as PancakeSwap farming pools, is launching this week. It launches with investments from top DeFi funds, such as Defiance, Hashed, Spartan Group, and DFG, as well as the founder of Polygon, Sandeep Nailwal. Why the Positioning of DinoSwap on Polygon is Unique Polygon has been […]
PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa and represents a significant milestone as it gains increased developer adoption. As part of the integration, Quidax has listed Polygon’s native token Matic on its exchange. This will allow Quidax customers to trade Matic once it is listed. The listing of Matic on Quidax will also expose the....