We are pleased to announce our next AMA on February 14th 2021 at 02:00 PM UTC Time: Satoshi Club x Polygon (previously Matic)
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Polygon (previously Matic) Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Polygon (previously Matic) Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Polygon (previously Matic)
For more details:
Polygon (previously Matic) – @maticnetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
POLYGON is an open source project built by decentralized team of more than eight (8) contributors. How does polygon integrate contributions and services of these contributors. How is this team rewarded. What overall benefit do each contributor stand to gain in Polygon? How can I be a contributor.
“Ownership of magic token carries no rights, express or implied other than that which may be afforded by the Matic Network”. Does this apply exclusively to all Polygon users. In partnership deals, what implication does this hold for future shareholders?
Sovereignty is one of Polygon main features, do you have a democratized government system? Can you explain how it works and what are it unique advantages?
Many projects are already using Polygon architecture, I’ve seen most of them are related to in-game and NFTs features, how does Polygon can integrate to these kind of platform and make them sucessful? Is Gamified DeFi one of your core areas?
Could you explain why Matic Network do rebranding and change project name into Polygon ?
because my opinion Matic already have good reputation out there it just dissapointed me to change into new name.
and how about Matic token, will it be also change name into Polygon Token and do people need to swap it ?
After rebranding into Polygon, what is the different new Polygon with Matic Network?
do you have any new development and new feature for Polygon, that Matic Network dont have?
Matic is known for its feature ethereum killer,but as an investor project performance is resulting part previously we all heard romour 5 pumps and dumps in the market,fud spread its a manipulation,but we need to hear from the team what that actually,we had a fear of similar action to appear,so what is the thoughts about it?
What is the reason for the Matic Network Team doing Re-Branding and changing the project name to Polygon? Will this affect existing Matic solutions and implementations ?? And what about the PoS Matic Chain and the Plasma Matic Chain will they remain fully functional ??
Will the Polygon blockchain be flexible and how compatible will it be with other blockchains? Is it planned to reduce MATIC token emission after launching its own blockchain?
Obviously this change in tactics (REBRANDING) is brilliant and very exciting news for his next project.
I’m just not sure about a few things about how the MATIC token will work in the future. The statement states that MATIC tokens will play an increasingly important role. Will MATIC stay as MATIC with the same logo / ticker, or will it change? Also will there be a Polygon token alongside MATIC going forward, and if so, will there be any initial offers available for MATIC holders?
What is the story behind the rebranding of name from Matic to Polygon? Do the change of name brings new ideas that will affect the roadmap of the platform and a new whitepaper might be release soon?
Polygon aims for a world in people and machines collaborate exchange value globally and freely. So how do you plan to do that? For example do you support the chips integrated into human skin?
Can you share with us what will be Polygon Network’s top priorities or development plans this 2021? Can we expect big news that will bring more value to Polygon’s price?
Can you explain the Merkle Roots mechanism you implemented to solve slow transaction problem occur on both PoW (Proof-of-Work) based blockchain protocols and PoS (Proof-of-Stake) based blockchains?
Polygon is effectively turning Ethereum into a complete multi-chain system (aka Internet Blockchain). This multi-chain system is similar to Polkadot, Cosmos, Avalanche, etc. What is the difference? since there are many layer-2 projects dealing with scalability issues, what is Polygon’s main competitive advantage?
Polygon supports 2 major types of Ethereum-compatible blockchains networks; the stand alone networks and the networks that leverage “security as a service”. Do Polygon Network effectively supports or successfully implements the system that runs for these 2 types of projects? Can you name some of the projects that enjoys this function?
Matic Networt started 2017 now it becomes Polygon, creating a Hub that connects all L2s of Ethereum. What is the plan in the present and future to achieve your roadmap? Are there specific measures that have been taken for this year 2021?
What are the protocols that you are are used in your project for functions smoothly ?
You said this on your medium, “These are some of the many projects that already use Polygon architecture”
.which are they?
What is your main vision ?
Polygon chains can use Ethereum and will be able to messaging between ETH and Polygon chains, is this component fully secured? Is Polygon the only platform able to do that at the moment?
Usually when a rebranding is carried out it is because small problems have occurred, be they internal, legal, the project does not stand out or simply because it is not attractive enough for users. In this case, what were the reasons that you decided to rebrand Matic to Polygon? Also, is this rebranding still ongoing or has it already been fully done?
Can be seen on your website that the Polygon team and advisors is a very diverse with people of different nationalities and cultures, however I found it curious that there are no women in this team, only men. So, does Polygon stand for gender equality?
Polygon intends to be an “interface” between the existing blockchains and Etherium, or does it simply want to be a new blockchain compatible with the latter, and which also offers solutions adaptable to other scenarios?
Already known the problems of the etherium network, is polygon able to face them and solve them? Are they able to improve the experience avoiding, for example, high commissions and improving performance?
They comment that one of its characteristics is “security as a modular service”. Could you give us more details of its operation? Does its modularity imply possible developments without proper security?
Worldwide, the problems generated by blockchain networks due to high operating costs and energy consumption are known. Is polygon efficient enough to represent a breakthrough in this regard?
One of your solutions is to provide “Growing set of modules” for developers who want to build their custom blockchains, can you explain a little more about this? How customizable could be these chains?
You mentioned that “Polygon combines the best of Ethereum and sovereign blockchains into an attractive set of features”, but really which set of features are you referring to? And this will require assuming the cost rates of both chains?
If the ETH Chain really has a Poor UX (delayed PoW purpose), and Polygon will correct that, is it through the combination of chains with PoS? or only with other PoW but more updated?
You mention that “Many projects are exploring ETH-compatible blockchains”, but aren’t each chain really totally independent and unsupported? If not, what are the characteristics that these chains must have to be compatible with ETH?
Could you clarify which are the chains that are compatible with ETH? and are they really compatible thanks to Polygon or independently are they too?
Why is one of Polygon’s solutions for ETH “Growing set of modules to develop custom networks”, really how many are the minimum modules that should be implemented and how many personalities networks for its proper functioning?
Could you really give us more detail about the “Adapter modules”? What are its functionalities and how does it help in the compatibility of ETH with other projects?
The chains compatible with the Chain of ETH with Polygon have to be totally public to be able to facilitate the transparency in operations? or can you combine ETH with chains with ZK-Rollup?
The vast majority of projects that use Polygon services are Gaming platforms, NFT and other Dapps, but is there a specific reason for this? or for now is very limited to it?
Recently, MaticNetwork announced about it’s rebranding to POLYGON. So I’m just wondering what are your Primary reasons for Rebranding? Also after the Rebranding, may we know if the core goal of the project remain the same or it also changed like your name? And how about the Token Specifications & it’s Tokenomics, still the same too?
Ethereum is the blockchain development platform of choice that’s why many Projects are exploring Ethereum but it has limitations like Low Throughput, Poor UX and No sovereignty. So what is POLYGON solutions to these kinds of issues? Also aside from that issues, what more problems does POLYGON intended to solve?
Gas Fees are terrible right? So how we can on-ramp directly into MaticNetwork using Transak? And can you explain more about Transak? Also does Onboarding into USDC or other Matic assets on Global Transak can save a ton in Gas? If yes, how can you say so and how it works?
Zk Rollups and Optimistic Rollups are stated to be coming soon in your platform. So as a teaser with this feature, can you share an overview with Zk and Optimistic Rollups mechanism? How this Rollups or mechanism work in Polygon network independently? What is the difference between this two mechanisms? Can you tell us when this two mechanisms be available and live in Polygon ecosystem? Thank you
Polygon technology is materialized through two major components: Polygon framework and Polygon protocol. Can you differentiate between this two major components? How this two components bring impacts and contribute development to whole Polygon ecosystem? Thank you
As part of the Unifarm Cohort 2 together with Oro Pocket, Nord Finance, Terra Virtua, Router Protocol and ZeroSwap Labs, can you tell us what is the main objective of this collaboration with different networks? How does staking method with Unifarm Cohort 2 works especially with Polygon network? How much would be the APY and minimum to stake? How many days or weeks or months is the locked-in period? I have read in twitter that some people are commenting about high gas fee regarding staking to some network, so as one of the cohort ,how does Polygon(former Matic Network) will help to solve gas fee problems and attract more people to join Unifarm Cohort 2 staking? Thank you
The Matic Network developers changed the project name to Polygon. The rebranding is timed to change the strategy towards creating a multi-chain system similar to Polkadot. In this regard, did you achieve your goal – to increase the scalability of Ethereum and reduce the cost of transactions?
After checking Polygon Telegram, i read that you already doing AMA with another project in Polygon group.may i know what are the connection their project with Polygon and what is the reason ? Do they your partner or only random project ?
What is the further fate of the MATIC token after the rebranding of Matic Network? Will it retain its role in the Polygon ecosystem in its original version, or will some of its functions be changed, or maybe something new has been added to its functions?
The developers of the blockchain RPG game Neon District announced the transition of the project to the Matic Network.
Neon District was planned to be launched in early 2019, but the developers were constantly postponing the dates. The full launch is expected to take place in 2021.
Has the change from Matic Network to Polygon influenced this situation, and in general in partnerships with other companies?
There are some projects using the Polygon (Matic) blockhain, but when I look into Binance, I see there are only bep2 and erc-20 blockhains. Can you explain me how can other projects use your blockhain and what is it exactly, maybe a side chain?
The Ethereum network has a lot of limitations like the fragmentation, by consequence developers have been using others chains like BSC or TRON, so polygon is able to overpass this limitations ?