Does Polygon have its own blockchain or is it built on Ethereum?
Polygon is built on Ethereum, but it is not its own blockchain.
Polygon is a scaling solution for Ethereum that provides a platform for developers to build and connect their decentralized applications (dApps) and other services. It is an open-source project that provides infrastructure for the Ethereum network, allowing developers to create and deploy dApps quickly and easily. Polygon works by connecting to the Ethereum mainnet via sidechains, which are separate blockchains that are connected to the mainnet.
These sidechains allow developers to deploy their dApps without having to worry about the scalability issues of the mainnet. This allows them to scale their applications more efficiently, as well as reduce transaction fees and latency. Polygon also provides tools such as Plasma, Matic Network, and zkRollup which help developers create secure and scalable dApps on top of Ethereum.
These tools allow developers to create applications with high throughputs while still maintaining security and decentralization. Overall, Polygon is not its own blockchain but rather a scaling solution built on top of Ethereum that helps developers create secure and scalable dApps quickly and easily.
