Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
Polygon
What is Polygon (MATIC) and How Does it Work?
Polygon (formerly known as Matic) is a blockchain platform that aims to solve the scalability issues of the Ethereum blockchain. It uses a system of sidechains, separate blockchain networks pegged to the Ethereum mainchain, to process transactions. This allows for faster and cheaper transactions and increased decentralized applications (dApps) capacity. One of the key features of Polygon is its use of a proof-of-stake (PoS) consensus mechanism, which is more energy-efficient than the proof-of-work (PoW) mechanism used by Ethereum. This allows…
Block Education 
@BlockEducation
@BlockEducation
2 months ago 
205 views