Polygon (MATIC) Overview

Polygon, previously known as Matic Network, is a well-structured and easy-to-use platform for scaling and infrastructure development on the Ethereum network. Its core component is the Polygon SDK, which offers a modular and flexible framework that supports the creation of various types of applications.

With Polygon, developers can build Optimistic Rollup chains, ZK Rollup chains, standalone chains, or any other type of infrastructure they require. The platform aims to transform Ethereum into a multi-chain system, similar to other projects like Polkadot and Cosmos, while benefiting from Ethereum's security, ecosystem, and openness.

Existing applications built on the Plasma-POS chain will remain unchanged. However, Polygon seeks to enhance the technology to meet the evolving needs of the developer ecosystem and enable scaling to a larger ecosystem. The $MATIC token will continue to exist and play a crucial role in securing the system and enabling governance.

NEAR Protocol Overview

NEAR Protocol is a layer 1 smart contract platform that aims to provide developers with an easy and intuitive environment for building decentralized applications (dApps). The protocol focuses on scalability, usability, and developer friendliness to enable seamless adoption.

As a layer 1 solution, NEAR Protocol aims to address the scaling and usability challenges faced by Ethereum and other existing blockchains. It offers high throughput, low latency, and low transaction fees to support a wide range of decentralized applications.

The NEAR Protocol ecosystem is focused on fostering innovation and driving adoption by providing developers with robust tools, libraries, and frameworks. Its goal is to empower developers to create user-friendly dApps that can scale to millions of users without sacrificing security or decentralization.

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