Polygon is an innovative scaling solution supported by the top-rated cryptocurrency exchanges that aims to create a Layer 2 project. The platform will allow Ethereum users to scale their decentralised applications for broader usability. For the primary stage, Matic has already introduced its hybrid blockchain solution based on Ethereum. Matic has a potential to become one of the most progressive scaling second-layer platforms on the cryptocurrency market. Founded by Sandeep Nailwal in 2019, Matic prioritizes creating high-quality scalability solutions for the world of decentralised applications.
Fantom is a distributed network based on DAG, including the use of parallel data chains, new methods of increasing scalability, and a high-performance virtual machine that ensures the safe and efficient execution of smart contracts. FTM is the internal token and prior to the launching of the main network, it is hosted on the Ethereum blockchain platform being an ERC-20 standard token. After the deployment of Main Net, FTM will be transferred to its own blockchain, and it will be considered a cryptocurrency.
Both setups have their cryptocurrencies that are carried out by their seed client, private client and general customer. Also, they are plainly changed by cryptocurrency swaps and are used as a means to market value or for theoretic investment. So, Polygon vs Fantom in limitation of token significance and exchangeability are pretty alike considering that both their significance floats and hesitates according to market conditions.
Today, cryptocurrencies have become a popular type of virtual asset. They can differ in their characteristics and functions.
MATIC and FTM have their pros and cons. What they have in common is a single mechanism, i.e. blockchain technology, thanks to which this whole world of electronic money exists.
Matic Network is a platform for scaling Ethereum. This means that MATIC is not a separate blockchain, but rather a superstructure over Ethereum, which allows users to access the functions of the second cryptocurrency. The main function of the MATIC Network was to solve ETH scalability problem.
Fantom is a smart blockchain offering not only fast but also scalable solutions based on its unique Lachesis consensus mechanism.
This platform offers an alternative to Ethereum and allows the development of integrated digital assets and DApps.
The current FTM market cap of $707,041,382 USD. The total supply of the cryptocurrency is limited to 0 units. Emission of additional FTM is not possible. Today there are 0 in circulation.
Polygon vs FTM current CoinMarketCap ranking is #18, with a live market cap of $4,180,160,978 USD. There are now 0 MATIC coins in circulation, with a maximum supply of 0.
Both MATIC and FTM support a larger range of trading pairs, as these cryptos are in demand among users and listed on all major trading spots. Godex is the right place where you can trade these assets with a huge number of trading pairs.
The live MATIC rate today is 0.378400000000 USD with a 24-hour trading volume of 1267063.000000000000 USD. The real time Fantom value as of today is 0.378400000000 USD with a 24-hour trading volume of 46269353.000000000000 USD.
Both Polygon vs Fantom smart from the same fluctuations that all main crypto commerce do, it’s faithful that at the same period they can execute better than the old one cryptos, but they yet are entangled and behave as other major crypto markets. So the MATIC vs FTM feud cannot be determinated just by watching at trade/price diagram.
MATIC and FTM split up a lot of likeness but disperse in their target audience.
The Polygon vs Fantom battle appears to have accomplished in a mechanical tie, they can both coexist whereas they have various targets. Yes, they have likeness but that both are based on a prosperous sample and are not surely a bad thing. Both are coming, sustainable and have solid base.
In the technologic part of the MATIC vs FTM airing, we start by observing that their logic is different . Polygon and Fantom they both are by standard and decentralized. It’s cost notes that either aim at safety hereafter fees and speedy transactions.
Being a "Joker" among other so-called Ether killers Fanton uses a fundamentally new decentralized registry technology, i.e. directed acyclic graph or DAG. There are now 2 ways to create a decentralized currency either by blockchain or graph.
The important feature is that Fanton in principle has no ceiling for TPS rate at all. If for usual blockchains the increase in number of users leads to a decrease of transaction speed, for Fantom it works in the opposite way.
If Fantom technology turns out to be safe and reliable, it puts into question not only the technology of all other "Ether killers" but also all blockchain cryptocurrencies in general, including Ethereum and Bitcoin.
Many projects use Ethereum-compatible blockchains as a way to mitigate these limitations. However, there is no specialized structure for creating such blockchains, nor is there a protocol for connecting them. This leads to significant development challenges and causes fragmentation of ecosystems. Polygon undertakes to solve these problems.
Fantom is a blockchain whose main goal is to solve the scalability problem of existing platforms based on distributed registries. Fantom cryptocurrency is a productive and high-speed system with open code and the ability to work with smart contracts. Such combination of properties allows using it for solving various tasks:
Polygon is listed on 157 exchanges. Over the last day, Polygon has been traded on 3,746 active markets with its highest volume trading pairs being USDT, USD, and VNDC.
Fantom FTM token is freely traded and can be found on major exchanges such as Binance, Gate.io and OKEx Korea, Godex. Simultaneously, tokens on ERC-20, BEP2 and Fantom's own OPERA protocol are in circulation.
