Decentralized Apps are making huge progress but the current blockchain ecosystem is not prepared to scale as per the demand.
Slow block confirmations and high gas fees need to be solved before we target mass adoption by mainstream users. And most importantly, it needs awesome user experience.
We aim to change that by simplifying the interaction between users and the decentralized world. We want to make interacting with the decentralized ecosystem so easy that anyone can do so without worrying about the complexity of the system.
Matic Network solves the above problems by building a decentralized platform using an adapted version of Plasma framework that provides a solution for faster and extremely low cost transactions with finality on a main chain.
The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum mainchain. This enables Matic to theoretically achieve 2 16 transactions per block on a single plasma chain, and possibly millions of transactions on multiple chains in the future.
Scalability is implemented by using a decentralized Plasma operator mechanism with finality achieved on a main chain.
Can scale to millions of transactions on a sidechain tree architecture. 65k transactions/second on a single Matic chain.
Smooth UX abstraction from mainchain to Matic chain. Native mobile apps and SDK with WalletConnect support.
The Matic chain(s) operators are themselves Stakers and Delegates in a Proof-of-Stake system in the Matic Network.
Assets in different sidechains across various blockchains will be made inter-operable by Matic Network in the near future.
Matic helps you to scale your DApps massively. You can even use your own tokens as settlement fees to run the Network. It provides SDKs and APIs for faster and easy development.
Integrate Matic on your DApps with a few simple steps, and give your users a smooth, fast and secure user experience. Settle payment on-chain whenever needed.
Founder & CTO at Decentraland. Previously Software Engineer at BitPay.
Head of Engineering, Wallet at Coinbase. Creator of CipherBrowser and previously Co-Founder & CTO at Nitrous, Inc.
Project Lead at Decentraland. Previously Co-Founder of Benchrise, Inc.
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Matic Network’s scaling technology has been chosen to power Decentraland’s own marketplace for virtual assets and we are partnering with them to conduct research on scaling generalized smart contracts.
Zebi specializes in providing blockchain solutions to governments and enterprises to leverage and protect their high value and sensitive data. Matic and Zebi will closely work together to design the next version of identity solutions and privacy enabled enterprise blockchains.
Maker is a decentralized autonomous organization which governs the stable coin - DAI, which is an asset-backed decentralized stable coin on the Ethereum blockchain. Matic will support DAI on its sidechains which will enable Dapp developers to build various commerce based use cases by leveraging stable coins.
Coral Protocol provides data and analytics on blockchain addresses to increase compliance and combat fraud. Matic's ecosystem intends to enable end to end tools to support real world applications. The partnership with Coral is a step in that direction.
Join our ever growing community on Github and help create a world full of zippy, fast and user friendly decentralized applications