{"id":1344,"date":"2022-08-11T06:26:20","date_gmt":"2022-08-11T06:26:20","guid":{"rendered":"https:\/\/digitalcoinprice.com\/blog\/?p=1344"},"modified":"2023-03-30T08:20:25","modified_gmt":"2023-03-30T08:20:25","slug":"polygon-has-been-added-to-1xbit","status":"publish","type":"post","link":"https:\/\/digitalcoinprice.com\/blog\/polygon-has-been-added-to-1xbit","title":{"rendered":"Innovations Never Cease: Polygon Has Been Added to 1xBit"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #223c50;color:#223c50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #223c50;color:#223c50\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/digitalcoinprice.com\/blog\/polygon-has-been-added-to-1xbit\/#Who_Founded_the_Polygon_Project\" title=\"Who Founded the Polygon Project?\">Who Founded the Polygon Project?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/digitalcoinprice.com\/blog\/polygon-has-been-added-to-1xbit\/#The_Basics_of_Polygon\" title=\"The Basics of Polygon\">The Basics of Polygon<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/digitalcoinprice.com\/blog\/polygon-has-been-added-to-1xbit\/#What_Makes_Polygon_Special\" title=\"What Makes Polygon Special?\">What Makes Polygon Special?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/digitalcoinprice.com\/blog\/polygon-has-been-added-to-1xbit\/#What_1xBit_Offers\" title=\"What 1xBit Offers?\">What 1xBit Offers?<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">It is a new day on 1xBit, the crypto betting platform, as it gets ready to unveil its latest addition.<\/span><\/p>\n<p><a href=\"https:\/\/refpa4903566.top\/\/\/L?tag=d_1685639m_1732c_PR_pol&amp;site=1685639&amp;ad=1732\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">1xBit<\/span><\/a><span style=\"font-weight: 400;\"> completed a recent upgrade to enable it to accept Polygon (MATIC) as a payment method on the website.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The latest change is a welcome development for the crypto space and bettors on 1xBit, who now have the opportunity to enjoy more options as they play and bet.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_Founded_the_Polygon_Project\"><\/span>Who Founded the Polygon Project?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/refpa4903566.top\/\/\/L?tag=d_1685639m_1732c_PR_pol&amp;site=1685639&amp;ad=1732&amp;r=crypto_regs\/polygon\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Polygon<\/span><\/a><span style=\"font-weight: 400;\"> Project was co-founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Co-founders came together to solve the problems faced by Ethereum by launching the Polygon project &#8211; the project was launched in October 2017, and it has since gained popularity and acceptance in the crypto community.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Basics_of_Polygon\"><\/span>The Basics of Polygon<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The crypto space always gets exposed to new products and solutions, as seen with the advent of Ethereum, which is set to correct the errors observed in Bitcoin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similarly, Ethereum may be the muster point for DeFi development and the most secured smart contract solution. However, it is not without major limitations like lack of Blockchain interoperability and slow or stagnant transactions &#8211; limitations that the Polygon network seeks to solve.<\/span><\/p>\n<p><a href=\"https:\/\/digitalcoinprice.com\/coins\/polygon\"><span style=\"font-weight: 400;\">Polygon is a project launched<\/span><\/a><span style=\"font-weight: 400;\"> on the Ethereum network but works to create a multi-ecosystem of other blockchains on the Ethereum chain. Polygon promotes interoperability by ensuring that developers have easy access to tools enabling them to build and launch other blockchains without needing to start coding from scratch.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Polygon, you have a system that permits broader communication between different Blockchains, a functionality that was not readily available.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Polygon network uses MATIC as its native cryptocurrency for funding transaction fees on DeFi and NFT marketplaces.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The working mechanism of Polygon shows a remarkable project in all aspects and underlines why 1xBit wants its community to have access to it.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_Makes_Polygon_Special\"><\/span>What Makes Polygon Special?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Since Ethereum is a very big network, there is a lack of an easy upgrade, but Polygon was able to refine itself as a blockchain that can be easily scalable.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though creators built the network on Ethereum, which uses a Proof-of-Work governance structure, Polygon was built on a side chain of Ethereum on a customized version of Proof-of-Stake &#8211; a more acceptable and scalable protocol.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With these features, Polygon is equipped to deliver over <\/span><a href=\"https:\/\/digitalcoinprice.com\/coins\/polygon\"><span style=\"font-weight: 400;\">65,000 transactions per block<\/span><\/a><span style=\"font-weight: 400;\"> compared to Ethereum, which can only process about 15 transactions per second. The lack of delays will also ensure reduced transaction fees from the usual 10-30 USD seen on Ethereum transactions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The uniqueness of Polygon opens a new shore for crypto gambling; making it more accessible and easy as players surf the 1xBit website.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_1xBit_Offers\"><\/span>What 1xBit Offers?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">1xBit constantly adds new crypto tokens for its players to use. Thus, Polygon is the latest addition to the over 40 cryptocurrencies available on the website.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">1xBit, as a crypto betting site, has simplified every aspect of betting to become innovative like Bitcoin. First, registration is easy because you only need an email address.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Second, transactions on the website are fast and routed to avoid unnecessary delays. And even a rare occurrence is that you do not have to lose a dime to 1xBit because of transaction fees; on 1xBit, you pay zero fees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Players still enjoy an anonymity shield on all transactions on the platform, which is backed by its use of blockchain as a foundation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On 1xBit, it even gets better if you are new because there is a full welcome package of up to 7 BTC bonuses waiting for you on your 1-4th deposits.<\/span><\/p>\n<p><strong>Conclusion<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Suppose you have yet to use Polygon before now. In that case, it is time to enjoy Polygon on 1xBit &#8211; it was engineered to make your experience amazing!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is a new day on 1xBit, the crypto betting platform, as it gets ready to unveil its latest addition. 1xBit completed a recent upgrade to enable it to accept Polygon (MATIC) as a payment method on the website. The latest change is a welcome development for the crypto space and bettors on 1xBit, who [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"_links":{"self":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/1344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/comments?post=1344"}],"version-history":[{"count":3,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/1344\/revisions"}],"predecessor-version":[{"id":2604,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/1344\/revisions\/2604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media\/1347"}],"wp:attachment":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media?parent=1344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/categories?post=1344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/tags?post=1344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}