Matic’s Final Testnet launch & Preparations for Alpha-Mainnet launch ahead of schedule!

The Matic team is proud to announce the launch of its final version of the Matic Network Testnet to complete the final round of internal testing before the much-awaited launch of Matic’s alpha-Mainnet this month. The team has been building and testing the code diligently and now would like to present it to the developer community to test and incorporate their feedback. This launch will be a major milestone for the Matic team & community as we jointly take another stride towards making our goal of mass adoption of blockchains a reality.

The latest testnet launch will allow the teams to test their migration scripts and will allow Matic team to test the latest updates in the validator node and latest smart contracts. Once everything is successfully tested, we will move towards launching the α-Mainnet.

To ensure that we iron out the kinks before the Mainnet release, we have planned the road to mainnet in 3 release phases:

  • Final Testnet — (Deployed on 3rd June) Developer documentation here
  • α-Mainnet — Nicknamed तपस (Tapas) (Q2 2019)
  • Beta Mainnet v0.1 — Nicknamed आरंभ (Aarambh) (Q3 2019)

PS: In the Hindi Tapas stands for ‘penance’ and Aarambh stands for ‘the beginning’. It’s quoted in its native Devanagari script above.

This testnet release required a lot of hard work from the team wherein we had to incorporate feedback from the teams who have been already building on Matic. We also added more developer tooling with the testnet to make the development experience even better. This testnet will allow the projects being built on Matic to test out their mainnet migration scripts, tooling, User experience, and overall robustness.

The functionalities achieved by this testnet launch are the ones mentioned with The goals for The name Tapas signifies penance like dedication shown by the dev team in achieving the milestones ahead of time.

The section below details what to expect and what features will be added in the subsequent releases. This is planned to ensure we ship a robust, well tested and iterated upon network with the α-Mainnet feedback incorporated to make interacting with the network a breezy experience.

What’s Next

This is extremely important to us, as Matic aims to not only scale blockchains, but also to provide an impeccable developer and user experience.

Our Goals for the α-Mainnet :

  • To provide early access to a variety of applications, which need fast and low-cost ERC20 and ERC721 transfers, to test their migration and DApp experience on Matic Network
  • To release the technical documentation in the wild and ensure its reliability via developer testing
  • Subject the Matic Network contracts and components to a third-party security audit
  • To launch a bug-bounty program to battle-harden the network before moving it towards beta
  • Additionally, acid test the security of the smart contracts via a compelling bug bounty program
  • Detect and resolve any bugs found in the third-party security audits
  • Inviting testers to try out the Matic mobile and web wallets and incorporate their feedback
  • To provide validator nodes to external validators to simplify node setup and processes

To summarize, we expect to detect and remove any bottlenecks that the developers might experience while interacting with Matic Network at the time of α-net go-live.

What to expect from the α-Mainnet:

  • Transfer assets to & from the Ethereum network to the Matic side-chains with Plasma Guarantees
  • Low cost and near-instant transfers on the Matic side-chains
  • A fully-functional mobile and web wallet to interact with the side-chain and ETH chain
  • Experience smooth asset exits from the sidechains
  • Smart contract transactions on Matic sidechains (only with Proof-of-Stake guarantees and NOT Plasma guarantees)
  • Testing the Matic validator node setup experience for validators

What not to expect from the α-Mainnet:

  • Unlimited assets transferred from Ethereum; the α-Mainnet will have restrictions in terms of the amount of mainnet assets you could bring to it
  • Open sourcing of code — The complete code-base will be released to the public, post completion of the security audit and bug bounty program just prior to the final mainnet launch
  • Staking will not be possible with real tokens as yet, it will come up in the upcoming releases
  • Staking pools and Rewards
  • Watchtowers to watch the sidechains

We will also release a number of articles to provide insights into the technical details of the network prior to the mainnet launch. These will be aimed to provide the community with a deeper understanding of Matic Network’s economics and technical architecture. We will also share learnings obtained while developing the protocol and products to help other teams in the ecosystem.

In case you have queries or wants to integrate low-cost & faster transactions for their applications, please feel free to reach us out at [email protected]

Disclaimer: Please remember that the Matic Network code is alpha software and will be prone to bugs. You might encounter some unforeseen errors and issues. The Matic team is committed to ensuring that these issues are resolved quickly. We advise you to be careful and experiment on the network at your own risk. Stay safe out there.

More from the Polygon Blog
Green Blockchain Summit 2.0: Agenda at a Glance 

Ethereum’s shift to Proof of Stake consensus, known as the Merge, has dramatically cut Polygon’s carbon dioxide emissions, opening the path to going beyond being carbon negative and toward empowering others to do the same. The conversation has shifted from blockchain sustainability to blockchain as a sustainability solution.  Join us for the second chapter of […]

Read More
Robinhood Selects Polygon to Launch Web3 Wallet Beta

Today, we are thrilled to announce that Robinhood has chosen Polygon as the first blockchain network to support its newly launched Web3 wallet. The Robinhood Wallet beta is now live for 10,000 iOS customers out of 1+ million who signed up for the waitlist in May. Together, Polygon and Robinhood are opening access to decentralized […]

Read More
What Is a zkEVM?

Zero-knowledge (ZK) tech is one of the most prominent and promising paths to scaling Ethereum. One popular use of ZK proofs to scale Ethereum is what’s known as a zkEVM (zero-knowledge Ethereum Virtual Machine). So what is a zkEVM, and how does it help us make Ethereum cheaper and more efficient to use? Understanding the […]

Read More
Polygon-Powered Icetea Labs Accelerator Launches With 6 Startups

Polygon has teamed up with Alpha Venture DAO and Icetea Labs to launch the inaugural Icetea Labs Accelerator Program for blockchain startups.  Working in a tight three-way partnership, Polygon is co-creating an accelerator to funnel resources, mentorship, education, and business acumen to promising Web3 companies from around the world. The startups selected for the accelerator […]

Read More
Apply to Polygon Bootcamp Africa and Kickstart Your Web3 Developer Journey

Applications are open for Polygon Bootcamp Africa, launched in partnership with Xend Finance! The eight-week intensive educational course and hackathon combo will put developers in Africa on the Web3 map.  This is Polygon’s biggest step in providing resources to developers, builders, and creators in Africa, and it comes during an important time.  An internet and […]

Read More
Starbucks Taps Polygon for Its 'Starbucks® Odyssey' Web3 Experience 

Today, we are thrilled to announce that Starbucks Coffee Company is working with Polygon to provide the blockchain technology to build its recently announced Web3 experience, Starbucks Odyssey. As a result of the partnership, this new Web3-powered experience will allow Starbucks Rewards loyalty program members and Starbucks partners (employees) in the United States to earn […]

Read More
PolygonInsights - WEEK39

Hola readers! We announced Polygon Bootcamp Africa, an eight-week intensive educational course and hackathon combo, in partnership with Xend Finance, Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard, and Quadrata, a passport network bringing the identity and compliance layer to public blockchains, is integrating its […]

Read More
From UDC 2022 to Token 2049: A Week for the Devs in APAC

For Web3 developers in Asia, this week was absolutely packed with must-see events. Polygon was there, showing love for the devs in South Korea and Singapore. Here is a rundown of our devrel outreach. Upbit Developers Conference 2022 Some of the best known blockchain developers in Korea and beyond gathered at this year's Upbit Developer […]

Read More
Polygon-Powered Coorest Earns Web3’s First Certified Carbon Standard 

Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard. The Coorest Carbon Standard (CCS) is certified by an official UN auditor and is a new benchmark for CO2 compensation that leverages distributed ledger technology to eliminate unfair and opaque carbon offset practices. In partnership with Polygon, […]

Read More