INTEGRATION BETWEEN pNETWORK AND POLYGON IS NOW LIVE
pNetwork, a cross-chain building system in which non Fungible assets and tokens (NFTs) can move freely between blockchains, has successfully entered the Polygon’s main network (formerly Matic Network) as a transparent and Progressively decentralized cross-chain solution was integrated.
The PNetwork and Polygon collaboration launched the first pNetwork-based Bridge to Polygon that connects them to EOS. The cross-chain link enables EOS asset and EOS-based tokens to be moved to Polygon and can now be used by all Polygon users and the growing DeFi ecosystem.
As the Matic Network’s further development, Polygon is the first well-structured and easy-to-use platform to scale Ethereum and improve the infrastructure. The main component, Polygon SDK, is a flexible, modular framework that supports the creation and connection of two main types of solutions and secure chains (also known as layer 2 chains) and independent chains (also known as side chains). In other words, Polygon effectively converts Ethereum into a complete multi-chain system.
Integration with PNetwork provides Polygon with the ability to support a wide variety of crypto assets and key blockchains, and cross-chain interoperability features.
pNetwork supports the largest number of cross-chain links in the industry and enables the transfer of assets and data across networks. As PNetwork nodes continue to foster a growing ecosystem, the project focuses on providing meaningful connections between multiple blockchain environments.
pNetwork and Polygon value interoperability between protocols as a key element in the success of blockchain technology. This collaboration’s common goal is to provide users with a robust, networked, and scalable solution for DeFi enthusiasts and dApp developers.
pNetwork powered EOS Polygon Bridge is the first cross-chain solution to connect EOS blockchain and dApps directly to Ethereum-based interconnected scaling solution. Therefore, the Polygon and pNetwork duo form an accessible and scalable EOS-Ethereum powerhouse.
EOS, the native token of the EOS blockchain, is the engine that powers one of the top 20 cryptocurrencies in terms of market cap and one of the most active dApps ecosystems. pEOS and other pTokens are Polygon compatible tokens that connect 1: 1 to their underlying asset.
pNetwork nodes power the EOS polygon bridge by creating a secure and transparent communication path between two networks. Automatic EOS tokenization for polygon compatibility is available to anyone via the pTokens dApp. In this way, users can efficiently transfer assets to Polygon and use them in the growing field of Polygon DeFi
pNetwork is the underlying framework of pTokens, a cross-chain system that allows assets to move seamlessly from one blockchain to another. Currently, pTokens allows transparent interaction between major blockchain protocols, including Bitcoin, Ethereum, EOS, and Dogecoin. pNetwork is an increasingly decentralized management layer that runs pTokens bridges and pNetwork portals. It is where pNetwork DAO and PNT Ecosystem Governance Token are located.
ABOUT POLYGON (FORMERLY MATIC)
Polygon is the first well-structured and easy-to-use platform for Ethereum infrastructure development and scaling. The main component is Polygon SDK, a flexible and modular framework supporting the creation and connection of Plasma, Optimistic Rollups, zkRollups, Validium, and Independent chains. Matic POS is designed to offer flexibility and independence to users. Polygon’s Layer 2 chains are widely adopted, with over 90 dApps, ~ 7 million streams, and ~ 200,000 unique users.