Chain name | Chain ID | Block explorer | Blocktime (seconds) |
---|---|---|---|
matic-mainnet | 137 | https://polygonscan.com/ | 3 |
Polygon, originally known as Matic Network, was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. It rebranded to Polygon in 2021, signaling its evolution into a comprehensive framework for building interconnected blockchain networks. Known for its scalable infrastructure and developer-friendly tools, Polygon is dedicated to solving Ethereum’s scalability challenges while maintaining affordability and usability.
MATIC is the native utility token of the Polygon network. It serves multiple purposes, including paying transaction fees, staking for network security, and participating in governance to shape the platform’s future. MATIC has become a vital asset within the blockchain ecosystem, thanks to its versatile utility and growing adoption.