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Polygon MATIC, What is it? - https://www.youtube.com/watch?v=GWUwFDFOipo

MATIC is the coin and Polygon is the layer 2 platform. Polygon is a fix to all of Ethereums problems by making it faster, cheaper, and more scalable better.

Polygon is a platform design to support infrastructure development and help Ethereum scale. Its core component is a modular, flexible framework (Polygon SDK) that allows developers to build and connect Layer-2 infrastructures like Plasma, Optimistic Rollups, zkRollups, and Validium and standalone sidechains like the project's flagship product, Matic POS (Proof-of-Stake). Polygon rebranded from Matic Network in February 2021 and pivoted towards supporting multiple Layer-2 infrastructure. It will continue to support the Matic POS sidechain and Plasma-based payment system, which currently hosts over 90 applications.

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