What is Polygon used for in smart contracts?

Polygon is a Layer 2 scaling solution that reduces gas fees and increases transaction speed for Ethereum-compatible smart contracts.

Is Polygon cheaper than Ethereum for deploying smart contracts?

Yes, Polygon offers significantly lower gas fees compared to Ethereum, making it a preferred choice for developers.

How do I deploy a contract on Polygon testnet?

You can use MetaMask, Hardhat, and connect to the Mumbai testnet. A faucet like matic.supply can help you get test MATIC.

Which tools are best for deploying contracts on Polygon?

Hardhat, Remix, Truffle, and Alchemy are popular tools for deploying smart contracts on Polygon.

Is MATIC the same as Polygon?

Yes. MATIC is the native token of the Polygon network, which was formerly called the Matic Network.

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