Polygon
MATIC
Last updated
MATIC
Last updated
Polygon is a Layer 2 scaling solution for Ethereum that aims to improve scalability and usability without sacrificing decentralization. To achieve this, Polygon employs the Plasma framework and the More Viable Plasma (MoreVP) consensus algorithm to ensure the security and integrity of its network. Polygon is interoperable with Ethereum, allowing users to move their assets between the two networks seamlessly and aims to provide a more user-friendly and efficient blockchain platform for developers and users.
You can find the link to the block explorer below:
Owner Address
0xd961ef39c0d4f2b5369dd708876b4d7b423643e5
Signer Address
0x9ead03f7136fc6b4bdb0780b00a1c14ae5a8b6d0
Luganodes validator performance can be tracked here.
Reward Frequency
Rewards are earned every ~30 minutes (1 checkpoint)
Auto-compounding
Manual
Slashing
Partial slashing if the validator misbehaves. You get 2%–5% for double signing events
Stake Lockup
None. But rewards will be generated from the next checkpoint from the time of stake
Unbonding Period
During unbonding, the staked amount is locked up for 3-4 days (80 checkpoints)