Counter Stake Weekly Update #4 — Matic Network

TL;DR: The Matic team has achieved Code-Complete on all the three major components of the mainnet. Developer & Validator tool developments are also complete. We’ve been hard at work to achieve the final mainnet launch within Q1. However we are facing greater than anticipated time requirements in the coordination of work required with the 75+ (out of 100+ […]

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Explaining Plasma and Rollups: Advantages & Limitations — Matic Network

Throughout the last 2+ years, the ecosystem has been actively looking at various ways and means to help scale decentralised applications, especially on Ethereum. A variety of teams have been involved in this collaborative process, and it has been wonderful to see progress on many fronts. The need for scaling has been acutely felt with […]

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Counter Stake Stage 1: ‘Stake on the Beach’ Full Details — Matic Network

Stage 0 of Matic Counter Stake (https://matic.network/counter-stake/) was an eventful stage for us. We received an overwhelming response in terms of registrations and setups. We couldn’t be more thankful to all the people that made the event a success. We have been working tirelessly to make sure the next stages of Counter Stake are a success. As promised, […]

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Welcoming Stake Capital as an Official Staking Partner — Matic Network

Building a Strong Ecosystem of Network Validators Our decentralized network of Validators are responsible for taking part in our PoS consensus mechanism, producing blocks, and committing checkpoints to the Ethereum mainchain. Thus, Validators play an integral role in ensuring the health of Matic Network. We are therefore onboarding a series of tier-1 industry Validators as […]

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Welcoming stake.fish as an Official Staking Partner — Matic Network

As a Layer 2 solution utilizing a network of Proof-of-Stake validators for asset security, staking is an integral part of the Matic ecosystem. Matic uses an account based variant of More Viable Plasma to guarantee the security of assets on the main-chain and it ensures the security of generic transactions by using a decentralized network […]

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PlasMatic Education Series: Part II — Matic Network

In our previous article ‘ A Brief History of Plasma’, we discussed the history of the Plasma framework and its potential to scale blockchains to billions of state updates per second. Ethereum is currently incapable of this, and mainstream adoption requires a capacity of thousands of state updates per second (over the near term). Despite being […]

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