Scalable and instant blockchain transactions
Why Matic?
Decentralized Apps are making huge progress but the current blockchain ecosystem is not prepared to scale as per the demand.
The issues of slow block confirmations and high gas fees need to be solved before we target mass adoption by mainstream users. And most importantly, it needs awesome user experience.
We aim to change that by simplifying the interaction between users and the decentralized world. We want to make interacting with the decentralized ecosystem so easy that anyone can do so without worrying about the complexity of the system.
Matic Architecture
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.
Backed by
Partners
Decentraland
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Matic Network’s scaling technology has potential to power low cost/high throughput decentralized exchange of Decentraland’s virtual assets. We are also partnering with them to conduct research on scaling generalized smart contracts.
Zebi
Zebi specializes in providing blockchain solutions to governments and enterprises to leverage and protect their valued and sensitive data. Matic and Zebi will closely work together to design the next generation of identity solutions and privacy enabled enterprise blockchains.
MakerDao
Maker is a decentralized autonomous organization which governs the stable coin - DAI, which is an asset-backed decentralized stable coin on the Ethereum blockchain. Matic will support DAI on its sidechains which will enable Dapp developers to build various commerce based use cases by leveraging stable coins.
Hey Coral
Coral Protocol provides data and analytics on blockchain addresses to increase compliance and combat fraud. Matic's ecosystem intends to enable end-to-end tools to support real-world applications. The partnership with Coral is a step in that direction.
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Want to build with Matic
For Developers building Dapps and looking for a scaling solution, do get in touch with us. We can help you not only achieve scale but also provide the best UI/UX to your users.
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