What is the Polygon cryptocurrency (MATIC) and how does it work? At its core, Polygon is committed to providing less expensive (and faster) transactions on Ethereum using layer 2 secondary chains. However, the full scope of what the team aims to achieve is much more complex and ambitious than simply increasing the network efficiency.

Polygon's ultimate vision is to build an interconnected ecosystem of C2 subchains, called the Internet of Ethereum Blockchains. This concept implies a multipurpose approach, including both a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon, formerly known as the MATIC network, offers a multifaceted – and modular – Ethereum scaling framework consisting of a series of layers. Its long-term vision is to become a seamless integration center for decentralized products and services.