Polygon is an Ethereum-compatible interoperability and scalability platform for blockchains. The MATIC token, which is required for governance as well as staking and paying for gas, will not be replaced. A blockchain network that is interconnected can be built with the help of Polygon, a framework. It accomplishes this by utilising a game-changing technology known as a sidechain, which allows it to avoid some of Ethereum's most serious flaws, such as low throughput, poor user experience (high transaction speeds with delays), and lack of community governance. Polygon's architecture is divided into four layers: the Ethereum layer, the security layer, the Polygon networks layer, and the execution layer. The Polygon project is one of the more recent blockchain-based efforts to achieve interoperability and scalability. This project's goal is to remove some of the obvious limitations that other projects, such as Polkadot and Cosmos, have.
https://polygon.technology/