Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
It is able to fully benefit from Ethereum’s network effects
It is inherently more secure
It is more open and powerful
Ethereum is the blockchain development platform of choice, but it has limitations.
Poor UX (gas, delayed PoW finality)
No sovereignty (shared throughput/clogging risk, tech stack not customizable, governance dependence)
Polygon - a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
One-click deployment of preset blockchain networks
Growing set of modules for developing custom networks
Interoperability protocol for exchanging arbitrary messages with Ethereum and other blockchain networks
Modular and optional “security as a service”
Adaptor modules for enabling interoperability for existing blockchain networks
Industry dominance, established tech stack, tools, languages, standards, enterprise adoption
Dedicated blockchains, scalable consensus algorithms, custom Wasm execution environments
Modular ''security as a service'', provided either by Ethereum or by a pool of professional validators
Dedicated throughput/resources, fully customizable tech stack, sovereign governance
Native support for arbitrary message passing (tokens, contract calls etc), bridges to external systems
Comparable to Web2, “zero-gas” transactions, instant (deterministic) transaction finality
Equivalent to Ethereum, no protocol level knowledge required, no token deposits, fees or permissions
High customizability, extensibility and upgradeability, short time-to-market, community collaboration