POLYGON
POLYGON
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Type: Cryptocurrencies
Ticker: MATIC
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More information about POLYGON

About

Matic Network solves the above problems by building a decentralized platform using an adapted version of Plasma framework that provides a solution for faster and extremely low-cost transactions with finality on the main chain.

The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum mainchain. This enables a single Matic sidechain to theoretically achieve 2 16 transactions per block, and possibly millions of transactions on multiple chains in the future.

Matic Features

Scalability
Scalability is realized by using a decentralized Plasma operator mechanism with finality achieved on a main chain.

High Throughput
Can scale to millions of transactions on a sidechain tree architecture. Upto 65k transactions/second on a single Matic chain.

User Experience
Smooth UX abstraction from mainchain to Matic chain. Native mobile apps and SDK with WalletConnect support.

Security
The Matic chain(s) operators are themselves Stakers and Delegates in a Proof-of-Stake system in the Matic Network.

Asset Interoperability
Assets on different sidechains across various blockchains will be made inter-operable by Matic Network in the near future.

One Stop DeFi Platform
Multiple protocols enabling extensive decentralized finance applications can be hosted on Matic Sidechains.

Toolkit for Developers
Matic helps you to scale your DApps massively. You can even use your own tokens as settlement fees to run the Network. It provides SDKs and APIs for fast and easy development.

Integrate Matic on your DApps with a few simple steps, and give your users a smooth, fast and secure user experience. Settle payment on-chain whenever needed.

Our Vision
We are a team passionate about decentralization and better products. The current decentralized eco-system lacks usability and convenience. Decentralized transactions are slow, expensive and complex.

We aim to change this by leveraging a combination of blockchain scaling, developer platform and tools, and a rabid focus on user experience. We aspire to see a world where blockchain gains mainstream adoption, and fulfills it's true promise.

https://matic.network
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