Details
Asset Name Matic Network
Trade Ticker MATIC
Logo Icon
Asset Type Token
Subtype ERC20
Total Supply 10,000,000,000
Proof Type PoS
Algorithm ethash
Website https://matic.network/
Explorer https://etherscan.io/token/0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0
Sourcecode https://github.com/maticnetwork/
Whitepaper https://whitepaper.matic.network/
Coingecko https://www.coingecko.com/en/coins/matic-network
Coinmarketcap https://coinmarketcap.com/currencies/matic-network/
Description

Matic Network describes itself as is a Layer 2 scaling solution that uses sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner.
 
Matic Network claims to have worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol, and the Ethereum event notification engine - Dagger. Matic intends to provide Matic wallet, payment APIs and SDKs, products and other solutions that will allow developers to design, implement, and migrate DApps built on platforms like Ethereum. Matic plans to support other blockchains in the future to offer interoperability alongside scalability to existing public blockchains.

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