MATIC NETWORK- The Answer For Blockchain Scaling Solutions

Matic Network is a Layer 2 blockchain solution that accomplishes scale by using sidechains for off-chain computations while guaranteeing resource security utilizing the Plasma system and a decentralized organization of Proof-of-Stake (PoS) validators.

Why Matic?

Slow transaction rates and ridiculously high amounts of transaction fees otherwise known as gas fees are some major setbacks of blockchain gaining mass adoption by mainstream users. And also there is a problem of UX(user experience) as users who are not familiar with the blockchain out there don't get the best of it.

Matic's aim is focused on changing these problems encountered in blockchain utilization and hopefully develop an easy interaction between users and the decentralized world eliminating the worry of a complex blockchain system.

Matic endeavors to settle scalability as well as usability issues encountered in the blockchain ecosystem without compromising decentralization and leveraging the current developer network and ecosystem. Matic Network is an ​off/side chain scaling answer for existing platforms to give versatility and better user experience than DApps/user functionalities.

Features Of Matic Network

Scalability: Matic network is easily adaptable with noteworthy futures of; fast speed, low gas fees, easy and secured transactions on Matic side chains with certainty accomplished on mainchain and Ethereum as the primary viable Layer 1 base chain

High Throughput: Can scale up to millions on a side chain tree architecture. Achieved up to 10,000 TPS on a solitary sidechain on inward testnet; Multiple chains to be added for horizontal scaling

User Experience: Smooth UX and developer reflection from mainchain to Matic chain; native mobile applications and SDK with WalletConnect uphold

Security: Matic chain administrators are themselves stakers in the PoS system.

Public Sidechains: Matic sidechains are public (versus individual DApp chains), permissionless, and equipped for supporting different protocols.

Asset Interoperability: Assets on different sidechains across various blockchains will be made inter-operable by Matic Network soon.

Toolbox for Developers

Matic encourages developers intending to utilize the matic chain to scale their Decentralized applications (DApps) greatly. Developers are allowed to utilize their tokens as settlement charges to run the Network. It gives SDKs and APIs a quick and simple turn of events.

Matic is easy for incorporating DApps with a couple of straightforward advances and gives users a smooth, quick, and secure user experience. Settle installment on-chain at whatever point required.

Matic Network is a scaling answer for public blockchains. Because of an adjusted usage of Plasma system (Plasma MoreVP) - with a record based execution. Matic bolsters all the current Ethereum tooling alongside quicker and less expensive exchanges.





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