tldr; Polygon is an Ethereum layer 2 scaling platform that aims to increase the functionality and throughput of the network. Polygon is a layer-1 sidechain that runs in parallel to the main network. The network uses its own set of validators and uses a native token called $MATIC. It allows any developer to easily migrate apps from Ethereum to Polygon and take advantage of the lower fees.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.