Digital Currency Ecosystems BTCS Inc. Announced the Addition of Layer 2

BTCS Inc., a pioneer in the blockchain and digital currency ecosystems, has announced the inclusion of Polygon (MATIC), a Layer 2 Proof-of-Stake (PoS) sidechain, in its blockchain infrastructure operations. BTCS Inc. (BTCS) is the first “Pure Play” blockchain public business in the United States. Through its transaction verification services business, the company protects the blockchain and wants to develop a more extensive ecosystem to capitalize on opportunities in this fast-growing multi-billion dollar market. Polygon Plays a Vital Role in the Ethereum BTCS has taken on the technical work of hosting Polygon validator nodes and has promised 456,445 MATIC, allowing users to invest in the pledged tokens and earn the equivalent annual percentage income. Polygon plays a vital role in the Ethereum and Web3.0 ecosystems. Matic Network uses Plasma side chains and a Proof-of-Stake network to enable scalable, safe, and quick Ethereum transactions, addressing the issues of slow block confirmation and expensive gas prices. While Ethereum is the most popular blockchain network globally, the number of transactions and associated fees have increased dramatically over time. These transactions can be done on Ethereum, massively scaled, and at a considerably reduced cost with Polygon.The post Digital Currency Ecosystems BTCS Inc. Announced the Addition of Layer 2  first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Digit...