Polygon Has Been Added to 1xBit

It’s a new day for 1xBit, our crypto betting platform, and we’re ready to announce our latest additions.

1xBit has completed a recent upgrade and made it accepted polygon (MATIC) as a payment method on the website.

The latest changes are a welcome development for bettors in the crypto space and 1xBit, giving them the opportunity to enjoy more options when playing and betting.

Who founded the Polygon Project?

Polygon Project was co-founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun and Mihailo Bjelic.

The co-founders came together to solve the problems facing Ethereum by starting the Polygon project.

basics of polygons

The crypto space is constantly being exposed to new products and solutions as seen with the emergence of Ethereum set to fix the errors observed with Bitcoin.

Similarly, Ethereum has been a cornerstone of DeFi development and may be the most secure smart contract solution. However, it is not without major limitations such as lack of blockchain interoperability and slow or stagnant transactions. This is the limitation that the Polygon network tries to solve.

Polygon is a project started on the Ethereum network, but works to create a multi-ecosystem of other blockchains on top of the Ethereum chain. Polygon promotes interoperability by giving developers easy access to tools, allowing them to build and launch other blockchains without having to start coding from scratch.

With Polygon, we get a system that allows for a wider range of communication between different blockchains. This is functionality that has not been readily available in the past.

The Polygon network will use MATIC as its native cryptocurrency to fund transaction fees on DeFi and NFT marketplaces.

Polygon’s working mechanics show a project worthy of attention in all respects and highlight why. 1x bit We want to make it accessible to the community.

What Makes Polygons Special?

Ethereum is such a large network that it cannot be upgraded easily, but Polygon has managed to establish itself as an easily scalable blockchain.

While creators built their networks on Ethereum using a Proof-of-Work governance structure, Polygon is built on Ethereum’s sidechain on a customized version of Proof of Stake, a more acceptable and scalable protocol. was built to

These features allow Polygon to deliver over 65,000 transactions per block compared to Ethereum, which can only process about 15 transactions per second. The lack of delays also guarantees a reduction in transaction fees from the USD 10-30 typically found on Ethereum transactions.

Polygon’s uniqueness opens new shores in cryptocurrency gambling. To make it accessible and easy for players to browse her 1xBit website.

What 1xBit Offers

1xBit is constantly adding new crypto tokens for players to use. Polygon is therefore the latest addition to over 40 cryptocurrencies available on the website.

As a cryptocurrency betting site, 1xBit simplifies every aspect of betting and makes it as innovative as Bitcoin. First of all, registration is easy because it only requires an email address.

Second, transactions on your website are routed at high speeds, avoiding unnecessary delays. It’s also rare that he doesn’t have to lose a dime on 1xBit because of transaction fees. At 1xBit, there are no fees.

Players will continue to benefit from an anonymity shield for all transactions on the platform, backed by using blockchain as a foundation.

1xBit offers a complete welcome package up to $100, so even first-timers can save even more. 7BTC A bonus awaits on the 1st to 4th deposits.

Conclusion

Suppose you haven’t used Polygon yet. If so, it’s time to enjoy Polygon at 1xBit – it’s designed to make your experience great!

Leave a Reply

Your email address will not be published. Required fields are marked *