Polygon PoS is a proof-of-stake blockchain network that serves as a scaling solution for Ethereum. It combines the security and interoperability of Ethereum with the speed and efficiency of standalone networks, facilitating faster and cheaper transactions. Polygon PoS leverages a network of validators who stake their tokens to secure the network, participate in consensus, and manage governance.High Performance and Low Transaction Costs:
Polygon PoS offers significant improvements in speed and transaction costs over Ethereum’s mainnet by processing transactions on a sidechain before committing them to the Ethereum blockchain. This approach minimizes congestion and gas fees.Ethereum Compatibility:
Fully compatible with Ethereum, Polygon PoS enables developers to deploy existing Ethereum applications without significant changes, using familiar tools and frameworks.Decentralized and Secure:
The proof-of-stake model ensures that the network remains decentralized and secure, with validators and delegators actively participating in the consensus and governance processes.