Polygon (MATIC) is a Layer-2 scaling solution that aims to enhance the performance of the Ethereum Blockchain. By addressing scalability issues, Polygon significantly increases transaction speeds, reduces costs, and simplifies user interactions. This article explores what Polygon (MATIC) is and provides a guide on purchasing it with Turkish Lira (TRY).
What Makes Polygon Effective?
Polygon is designed to ease the congestion and high transaction fees that Ethereum faces due to its growing network activities. Utilizing a sidechain network interconnected with Ethereum, Polygon processes transactions more efficiently and economically. It employs various methods like Plasma Chains, zk-Rollups, and Optimistic Rollups to provide scalability.
Developers benefit from Polygon’s Software Development Kit (SDK), which allows the creation of Ethereum-compatible decentralized applications (dApps) on sidechains. The main network operates on a Proof of Stake (PoS) model, where participants can stake MATIC coins to validate transactions and engage in governance.
How to Buy Polygon (MATIC) with TRY?
For investors in Turkey, Binance TR offers a straightforward method to purchase Polygon (MATIC). The process involves creating an account, verifying identity, depositing Turkish Lira, and finally, purchasing MATIC. The steps are detailed below.
To open an account on Binance TR, visit trbinance.com and complete the “Create Account” process, which requires basic personal information. After verification via email or SMS, proceed with identity verification (KYC) using the provided QR code or URL method on your mobile phone.
Why Choose Polygon?
– Enhanced transaction speeds on Ethereum Blockchain.
– Lower transaction fees, making it cost-effective for users.
– Scalable platform for developers creating user-friendly dApps.
– Popular dApps like Sushi, Augur, and Ocean Protocol are already utilizing Polygon for better performance.
Conclusion
Polygon (MATIC) offers a robust solution to Ethereum’s scalability issues, benefiting developers, users, and investors alike. With its efficient transaction processing and economic advantage, Polygon is becoming a pivotal player in the blockchain ecosystem. Investors in Turkey can easily purchase MATIC on Binance TR, making it a convenient option for those looking to engage with Layer 2 solutions.