We feel incredibly excited to announce the release of the Matic β-mainnet today. Yay! After months of hard work, the entire Matic Network team is releasing the 2nd iteration of the Matic mainnet (after the α-mainnet in June 2019). Matic Network is a Layer 2 blockchain platform using the Plasma framework and a decentralized set of […]
Matic is a hybrid Plasma + Proof-of-Stake (PoS) platform. We use a dual-consensus architecture on the Matic Network to optimise for speed and decentralisation. We consciously architected the system to support arbitrary state transitions on our sidechains, which are EVM-enabled Plasma security guarantees hold for specific state transitions such as the ones we write Plasma […]
We have been working to introduce more generalized scaling techniques, while still ensuring the highest levels of security possible. One of the promising techniques in the area of Plasma research is Plasma Predicates. We are proud to announce that we are arguably the first team to release support for this in the wild in our […]
We have been working to introduce more generalized scaling techniques, while still ensuring the highest levels of security possible. One of the promising techniques in the area of Plasma research is Plasma Predicates. We are proud to announce that we are arguably the first team to release support for this in the wild in our […]
It’s no secret that Ethereum, in its current state, cannot fully live up to its potential of becoming a global Virtual Machine. The ICO bubble in 2017 highlighted the huge need for scalability solutions as the high transaction volumes exorbitantly increased gas prices. Excessive network congestion ensued. At the most practical level, a 15-transaction per second […]
Matic Network Stops by Jakarta, Indonesia
According to Yahoo! Finance, Indonesia’s digital economy is expected to reach $100 billion USD by 2025, priming it for the upcoming wave of cryptocurrency and blockchain adoption. Additionally, Bank Central Asia, the largest private bank in Indonesia, recently adopted blockchain technology to support a budding digital economy. This past week, the Matic Network team flew to […]
