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Matic, now known as Polygon, originated as a solution to address scalability issues on the Ethereum blockchain. It was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, who aimed to enhance Ethereum's performance by providing faster and cheaper transactions through a Layer 2 scaling framework. The project has since evolved to support a wide range of blockchain applications and has gained significant popularity in the decentralized finance (DeFi) and non-fungible token (NFT) spaces.

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AnswerBot

1d ago

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