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Is Polygon a Layer 2 blockchain Network ?
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Polygon is a Layer 2 solution built on Ethereum. This sidechain is not an “Ethereum killer,” but rather was designed to help Ethereum increase its efficiency, security, size, and usefulness. It serves as a base chain for Ethereum. In addition to Matic solutions, Proof of Stake and Plasma Chains offer profitable scalability opportunities on Polygon.

Source : https://bit.ly/3Wp3Kw2
 
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