Polygon Engineering Company is a registered Private Limited firm based in New Mumbai, India. A fourth co-founder was Mihailo Bjelic, an Ethereum developer.
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Polygon was co-founded by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, two software developers with plenty of experience in blockchain engineering and a businessman with consulting experience.
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If you are interested in purchasing Polygon MATIC, go ahead and check out our article on how to buy Polygon. Polygon price (formerly MATIC price) is a function of supply/demand economics, the overall health and business of its ecosystem and the broader Ethereum ecosystem, the general momentum of cryptocurrency markets, and strategic global macro factors.
Polygon is also designed with a high degree of supported integration with the Ethereum blockchain, allowing developers to code in their favorite smart contract programming languages like Solidity and Vyper with all the benefits, opportunities, and security of the Ethereum ecosystem. As such, the kit affords blockchain engineers a high degree of pluggability and extensibility, while the core layers of the software architecture are as reliably performant as possible. The Polygon SDK was built by MATIC developers from scratch to feature a developer-friendly plug-in system with a library of standard, extensible core components (libp2p, gRPC, etc.) and easy-to-build node extensions and auxiliary solutions. Of the several scalability solutions that have arisen for the Ethereum ecosystem, MATIC / Polygon is renowned within the industry for the easy-to-use platform and flexible framework of the second layer blockchain's software developer kit. Polygon supports building multiple types of Layer 2 solutions, such as optimistic rollup chains and ZK rollup chains (zero-knowledge rollup chains) to utilize and enhance the Ethereum main chain. Polygon effectively transforms Ethereum into a multi-chain system. Previously MATIC network, the blockchain scalability solutions project has rebranded to Polygon. Launched in Oct 2017, Polygon is a blockchain scalability platform that extends Ethereum, creates new liquidity channels, and relieves network congestion to support the continued development and proliferation of the Ethereum blockchain.
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