The Polygon network is a layer-2 Ethereum chain solution that has risen in popularity over the past few years and become a leading Ethereum sidechain. In Q2, 2022, Polygon hit the 19,000 DApps Milestone. There are now 8,000 monthly active teams building on Polygon PoS, up from about 6,000 in January and just a few thousand in October. Many projects are now choosing to build solely on Polygon. Alchemy data shows that 65% of the teams are integrated exclusively on Polygon, compared to 35% deployed on Ethereum. The figures included dApps running on both the testnet and mainnet.
With a big chain like this, DePocket has no reason to say no, and the integration will help our users track their balances more easily now than ever before.
Understand clearly about Polygon!
Polygon (previously known as Matic Network), is a Blockchain platform created to solve scalability issues without compromising decentralization to make the best use of the current developer ecosystems. In essence, Polygon is a Layer 2 scaling solution, using side chains for off-chain computation, but still ensuring asset safety thanks to the Plasma framework and the Proof-of-Stake (PoS) decentralized authentication network. Matic Network can thus completely ensure the security and safety of users. In addition, the platform is expected to make payments at near-instant speed with digital assets.
Unique selling points of Polygon
- PoS Chain: Polygon Chain is a sidechain of Ethereum and has added a Proof of Stake security layer.
- Plasma Chain: A bridge that helps scale by moving assets between the Ethereum root chain and the Polygon subchain.
- ZK rollups: A solution used to wrap a large number of subchain tasks into a single transaction.
- Optimistic rollups: A solution that runs on Ethereum to facilitate near-instant transactions through the use of “fraud proofs”.
What can users do after DePocket integrates Polygon?
Users from both sides can check the crypto assets through the DePocket app without connecting any wallets. This includes staking and farming balances. This integration will allow users on both platforms to keep track of their cryptocurrency portfolio in one place.
Try our demo wallet here: https://link.depocket.com/demoPolygon
DePocket is bringing DeFi one step closer to our users. From now, DePocket has integrated 13 chains and 44 dApps.
Continue to support DePocket and experience the many great things to come.
