We started working on an account based implementation of Plasma which is the basis of Matic Network today. The idea and technology evolved into the current shape of Matic which essentially is a network of POS sidechains with Plasma security guarantee for assets.

But why? Decentralized Apps are making huge progress but the current blockchain ecosystem is not prepared to scale as per the demand. We aim to change that by not only achieving scale but also simplifying the interaction for Dapp Users. We want to make interacting with the decentralized ecosystem so simple that users should be able to use DApps without worrying about the complexity of the system underneath.

Having said that, we’ve been busy building Matic Network’s core components & while at it we have been recognized for our work.

The scaling platform is Matic’s main focus and after a long period of development, we are happy to inform the community that we will be launching the Matic alpha net soon. This will enable you to test the features and user experience of the network. Launch details will be shared in an upcoming post.

Apart from the Matic Network protocol that will enable higher throughput on sidechains, the Matic team has also developed tools to help developers and users interact with the Matic network.

Wallet: Matic is building a wallet that helps you manage your Ethereum accounts, wallets and contracts easily and securely. Read more about the development progress about Wallet in Technical Update article.

Dagger: Dagger is a real-time Ethereum notification engine, it provides a way to listen to incoming and outgoing transactions from accounts and contracts, as well as logs. Read about our Dagger for Ethereum + Zapier Integration

Click to know more about what Matic has been building?

Supporting budding developers —

Matic is focused on building & nurturing strong blockchain communities & thus we have been continuously providing support to budding devs through Hackathons & our recently launched DApp Development Course.

Some of the major Hackathons and community events that Matic has been part of are :

ETHSingapore

ETHIndia, Bangalore

Binance SAFU Hackathon

DApp Development Course

We have seen our community grow over the period and we have received continuous appreciation & support from the community.