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What is MATIC and the Polygon network?
What is MATIC and the Polygon network?
JLee avatar
Written by JLee
Updated over a week ago

Polygon network is EVM-compatible and functions as a side chain to the Ethereum blockchain. A large amount of Ethereum Dapps are also accessible on Polygon.

The primary benefit of the Polygon network is its scalability, which allows blockchain interactions to be processed faster and for a much lower gas fee as compared to Ethereum network interactions. MATIC is the native cryptocurrency of the Polygon network.

The Sequence Wallet is compatible with both Ethereum and Polygon networks, meaning that assets on both chains can be transferred to your Sequence Wallet. DO NOT send assets using networks other than Ethereum and Polygon to your Sequence Wallet until their support is added.

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