We’re delighted to have reached another huge milestone on our development journey approaching mainnet launch — the completion of Stage 1 of our Counter Stake incentivised testnet initiative! The network has now been comprehensively tested and the latest iteration of our Counter Stake testnet (CS-2006) has been running perfectly for over two weeks — in short, Stage 1 has […]
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+ […]
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 […]
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, […]
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 […]
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 […]
