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Decentralized applications progress tremendously, but the current blockchain ecosystem is not ready to measure according to requirements. Before we target mass adoption by ordinary consumers, sluggish block confirmations and high gas charges have to be resolved. Above all, it needs a great user experience.
This is to be changed through the simplification of user-decent world interactions. We want to make it so easy to interact with the decentralised ecosystem that everyone can do it without concern about the system's complexity.
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Digital Gold of the Future, Matic is an asset that has provided financial freedom to millions across the globe. So if you believe in it, storing your Matics is a good option.
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Matic is accepted globally for financial transactions online at various e-commerce sites as a mode of payment.
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Matic offers scalable, secure and instant transactions using sidechains based on a Plasma Security Framework and a decentralised Proof of Stake(PoS) validator network. In short, it enables anyone to create scalable DApps and to ensure a safe and decentralised superior user experience.
It operates on a Ropsten Testnet for Ethereum. In future, Matic intends to promote additional blockchains that enable it to provide interoperability with existing public blockchains, along with scalability.
In October 2017 Polygon (MATIC) was launched as Matic by a team that participated in a number of Ethereum ecosystem projects. In the first version of Plasma, which is now used in the Polygon Network, the Matic team has implemented Vitalik Buterin, a co-founder of Ethereum.
In February 2021 Polygon (MATIC), which was renamed to the present name of the Matic Network. The ERC-20 token saw a significant price rise from the 1st of the year, from $0.0175 to $0.446 on March 12, or an increase in value of 2.548%. A recent listing on Coinbase several days before 10 March coincided with its local peak on 12 March.
In India you can Buy Polygon (MATIC) through BuyUcoin easily using credit/debit card, UPI, mobikwik wallet and more in less than 10 minutes. Try Now! Your crypto investment is a click away
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Today's live Polygon price is 64,78 INR with a trading volume of 207,290,947,139 INR, which lasts 24 hours. In the last 24 hours, Polygon has risen 9.94%. The current position in CoinMarketCap is #35, with a live market cap of 336,117,640,454 INR. The supply of MATIC coins in circulation amounts to 5 188 388 130, and 10 million MATIC coins maximum.
In order to make transactions more secure, Matic also offers mainstream fraud-proof. This mechanism allows every person in the mainchain to file the transactions he/she believes to be fraudulent.
If the challenge succeeds, the stakeholder in fraud is reduced and the defendant receives the cut-off funds in order to detect the fraud. This can be seen as an ever-present high reward scheme for all parties wishing to investigate the veracity of the Matic Network transactions.
Matic uses two strategies to prove its participation in the control pointing layer, and the block producer, to achieve the faster block time by using checkpoints and fraud proofs to ensure a high degree of decentralisation (security).
Everybody can use its Matic token to become a Staker in the PoS control layer. This provides the Matic chain with a highly decentralised base layer and assures chain liveliness.
With a decentralised and confidential implementation, Matic aims to achieve a high level of decentralisation while ensuring near-instant transfers, low fees and economic benefits for micro-transactions.
The open-source base of Matic aims to provide Matic Wallet, payment APIs, SDKs, products, identity solutions, and other enabled solutions that allow developer applications built on basic platforms like Ethereum to design, implement and migrate.
The user experience that is very poor in blockchain applications is a key pillar of Matic Network ideology as of today. Mobile/web browser libraries of great developer experience have already been created by the Matic team, which enable companies to create large-scale real-world user applications. Matic roadmap also includes support for interchange transfers and decentralised exchanges with third parties, liquidity pools, etc.
Step 1: Open your free crypto wallet BuyUcoin Account
Step 2: Register & Open your free Cryptocurrency account with BuyUcoin
Step 3: Visit the BuyUcoin Exchange menu in your crypto wallet to find a Polygon exchange pair with MATIC-INR pair in EZ Trade.
Step 4: If you don’t have INR, add funds from your favourite UPI payment mode i.e Paytm, PhonePe, Mobikwik, Google Pay, Bhim Pay or credit card and debit card.Step 5: Buy MATIC in India with INR
You can purchase Polygon legitimately utilizing the best crypto exchanger named BuyUcoin because you can spare Polygon in a wallet that is profoundly viable for it.
Polygon can be sold by utilizing any of the crypto exchanges where both exchanging and edge exchanging are upheld. BuyUcoin is as yet the main crypto exchanger in India and worldwide where INR is viable with selling Polygon coin.