Press release
Chainstack launches the easiest way for developers to build on Polygon—the fastest growing scaling solution for Ethereum
Singapore, 18 May 2021 - Today Chainstack, a leading blockchain managed services provider, launches complete support for Polygon PoS mainnet and Mumbai testnet on its platform, officially welcoming one of the fastest growing Layer 2 ecosystems to its highly selected portfolio of protocols.This new offering helps developers build applications on reliable infrastructure engineered for scale in the easiest way possible on all the major public cloud providers (Amazon Web Services, Microsoft Azure, and Google Cloud Platform) and across geographies.
Developers can now easily get access to Polygon APIs and deploy their own nodes in minutes, thereby reducing the costs associated with blockchain infrastructure and the time to market for the applications.
Why Polygon on Chainstack is a big deal?
Chainstack makes running a blockchain node radically simple so that developers can focus on building their applications instead of worrying about node availability, costly maintenance, and upgrades. Polygon has made building on Ethereum more accessible thanks to a campaign like the $100M #DeFiforAll fund to attract the next million DeFi participants.
The availability of the enterprise-grade provider Chainstack is a major step forward for the Polygon ecosystem as it will allow blockchain projects to:
1) Get instant access to reliable Polygon mainnet and Mumbai testnet infrastructure.
2) Add advanced capabilities to any Polygon infrastructure with applications, developer tools, and services available on Chainstack Marketplace like Hardhat, The Graph, and IPFS.
3) Start fast with shared Polygon nodes with multiple hosting locations, near-instant deployment, and secure HTTP and WebSocket endpoints.
4) Access Polygon mainnet archive data starting at $49 per month.
5) For request-intensive workloads, deploy and sync dedicated Polygon nodes in minutes thanks to Chainstack-patented technology Bolt.
With an average cost per transaction of just $0.00037 at present, Polygon cut costs for the users trading and for the developers wanting to build more sustainable and scalable applications. This is particularly urgent now that Ethereum transaction costs keep hitting all-time highs, making DeFi less accessible and scalable.
“The rapid adoption of Polygon has resulted in the need for strong infrastructure that can support the high throughput on-chain transactions from 300+ DApps on Polygon. We are pleased to collaborate with Chainstack to make the blockchain experience seamless for users and developers.” says Sandeep Nailwal, Co-Founder and COO, Polygon.
“Having gained wide adoption within the Web3 community, the Polygon ecosystem is growing fast. Chainstack is a highly accessible and secure platform that helps businesses incorporate layer two solutions, boosting Ethereum’s transaction capacity,” says Eugene Aseev, Founder and CTO of Chainstack. “Polygon’s community has now a trusted ally in Chainstack to help power up experimentation, adoption, and scalability.”
Chainstack Pte Ltd.
8 Temasek Boulevard
#30-01/02, Suntec Tower 3
038988
Media Contacts:
Alex Albano
Chainstack
alex.albano@chainstack.com
About Chainstack
Chainstack makes it radically simple to launch and scale decentralized networks and applications for developers and enterprises through its managed blockchain services platform – complete with an intuitive user interface, seamless orchestration and predictable pricing. We offer enterprise-grade tools and services that empower developers, solution providers, and consortia to safely experiment and run-in production. By building on Chainstack, the time, cost and risk involved with leveraging decentralized technologies can be reduced. With a secure API, membership management, and flexible deployment options, enterprises and developers can immediately accelerate and future-proof the development of their transformative solutions.
Learn more at www.chainstack.com
About Polygon (Formerly Matic)
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 250+ Dapps, ~76M txns and ~790K unique users.
If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon’s fast and secure txns for your DApp, get started here:
https://docs.matic.network/docs/develop/getting-started/
https://docs.chainstack.com/tutorials/polygon/
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