$MATIC: Polygon’s Top 5 Achievements in 2021
Recently, the Polygon team outlined 2021’s biggest achievements, and in this article we take a closer look at five of these.
What Is Polygon ($MATIC)?
Polygon is “a protocol and a framework for building and connecting Ethereum-compatible blockchain networks”; it aggregates “scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.”
On 18 May 2021, Anthony Sassano, who joined Polygon as an advisor earlier this year, took to Twitter to clear up some of the confusion around Polygon (e.g. some people refer to Polygon as a sidechain to Ethereum, while others call it an L2 blockchain). Below are a few highlights from that Twitter thread:
Furthermore, Sassano took this opportunity to talk about the two bridges that exist between Ethereum and Polygon:
He also commented on multi-sigs for Polygons contracts:
Finally, he said that Polygon is “committed to building & deploying L2 solutions like rollups in the future” and this is what he is “most excited about.”
Five Key Achievements by the Polgon Team and Community in 2021
In a blog post published on January 3, the Polygon went through each month of 2021 — which they called “an absolutely breakthrough” year — and listed the most interesting achievements for that month.
Here, we focus on five of the achievements mentioned in that blog post that we feel are the most interesting.
First, in 2021, “Matic Network” got rebranded to “Polygon”, and the team announced that they had decided to expand the project’s “mission and tech scope.”
Second, in April 2021, we got the announcements that “Curve.fi” and Aave had gone live on Polygon and that Decentraland had chosen Polygon as its layer 2 scaling solution.
Third, in May 2021, SushiSwap went live on Polygon and Polygon SDK got unveiled.
Fourth, in June 2021, The Sandbox chose Polygon as its scaling solution and OpenSea integrated with Polygon.
Fifth, in December 2021, Uniswap went live on Polygon.
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Featured Image by “geralt” via Pixabay