Polygon reveals details about his future collaboration with the LBank during the AMA - press release

press release

press release. Lbar Exchange recently held an AMA meeting with the polygon team, in which the achievements of polygon, the cooperation, the NFT and gaming markets, the nightfall solution, future plans, etc. were discussed. Here is the summary of this AMA.

Ethereum is the blockchain development platform of choice, but has restrictions such as low throughput, bad UX and no sovereignty. As a protocol and framework for the construction and combination of Ethereum-compatible blockchain networks, polygon breaks through these restrictions by aggregating scalable solutions on Ethereum and supporting a multi-chain Ethereum ecosystem.

polygon exceeds Ethereum in relation to active users

As a Layer 2 solution aggregator that builds on Ethereum, Polygon has achieved some great success since its foundation, his POS chain has over 2000 DAPPS live and processes over 7 million transactions every day. In fact, polygon now has more active users than Ethereum.

Matic, the token for the polygon network, is already live on trading platforms such as the LBank Exchange and currently has a trading volume of over 1 billion across the board. The polygon team strives to make more people keep Matic token and hopes that the trade volume of Matic at the LBank Exchange will also continue to grow.

Expansion of the polygon ecosystem

With the ability to bring thousands of new users to the blockchain, the NFT and gaming markets are strategic sectors on which polygon continues to focus. There are already some of the largest gaming projects on polygon, such as Decentral Games, Sandbox, Somnium Space, Vulcan Verses etc. As far as NFT projects are concerned, there are OpenSea, Lazy.com, Autograph etc.

The team will bring many other such games and NFT projects on polygon so that the community can enjoy more graphics and fun. In addition, polygon enables massive scalability and compared to Ethereum, the intended costs for polygon are 100,000 times cheaper on average.

Polygon also offers products for corporate customers that need data protection and scalability, such as Nightfall, a unique roll-up, which is geared towards data protection, that combines optimistic rollups with zero-knowledge (ZK) cryptography, which is often used in ZK rollups. It creates a scalable and private hybrid of the two popular technologies.

Polygon Nightfall has the power to bring many large companies into the blockchain. The team believes that this will lead to a large number of transactions on polygon and that the polygon ecosystem will add further projects and users.

Large plans ahead

The polygon team already has some big plans. On the technical side, polygon invests heavily in the ZK and ZK-Rollup technology, for example the team has already spent $ 250 million for the acquisition of Hermez, a decentralized open source ZK-Rollup, which is optimized for safe, inexpensive and usable tokens on the wings of Ethereum.

polygon has also acquired four other teams to build further ZK rollup chains in order to achieve the goal of building up a highly scalable EVM-capable ZK rollup technology. In addition, there are polygon updates for its POS chain and details about the EIP 1559 implementation.

On the business side, Polygon has also planned many exciting updates with many large dapps and integrations. It is characteristic of Arjun, Head of Growth at Polygon, indicates that the LBank improves its global branding. He also assures that the love of the community makes the team achieve its goals. Therefore, it will continue to work with LBank Exchange to provide the community more polygon projects and tokens. The polygon team will continue to post on its official social media accounts such as Twitter to reveal further details on future plans and the latest updates.

over polygon

polygon is a scalable layer 2 aggregation solution on Ethereum, which supports a multi-chain Ethereum ecosystem. The platform solves the blockchain challenges such as high gas fees and slow speed without affecting safety. It is a protocol and a framework for building and connecting Ethereum-compatible blockchains.

Visit to learn more:

website: https: //polygon.technology/

Twitter: https://twitter.com/0xpolygon

telegram: https://t.me/polygonofficial

Zwietracht: https://discord.com/invite/polygon

About the LBank

The LBank is a constantly growing crypto trading platform that offers users secure trade worldwide. The team strives to build the professional integration services for crypto-assets as a convenient trading platform. It has become popular with over 6.4 million users around the world.

Visit to learn more:

website: https://www.lbank.info/

Twitter: https://twitter.com/lbank_exchange

telegram: https://lbank_en

LinkedIn: https://www.linkedin.com/company/lbank

Facebook: https://www.facebook.com/lank.info/

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