Polygon is a framework for building interconnected blockchain networks.
Polygon supports two major types of Ethereum-compatible networks:
a. Stand-alone networks
*These networks are fully sovereign and responsible for only their own pool.
*They can have their own consensus models such as PoS or DPos.
*Side chains (Ethereum-compatible, independent blockchains which employ their own consensus models and block parameters to efficiently process transactions.)
b. Secured chains
*Service can be provided either by Ethereum directly or by a pool of professional validators like Polkadot's.
*Layer 2
What is Matic?
Matic Network is a Layer 2 scaling solution that achieves scaling by utilizing sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.
How does it work?
Matic validators combine or batch the transactions and then send them to the Ethereum chain. Let's say a Matic validator consolidated 30 transactions and sent them to the Ethereum network. In this case, the gas price will be divided into 30.
In Matic, we have only one sidechain like Ethereum. On the side chain, it is given by a PoS consensus. Their block producers produce blocks and validators validate. After that, they create check points and finally, they put them to the ETH blockchain.
