Matic Network is a Layer 2 scaling solution that achieves scale by utilizing 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. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger.Key FeaturesScalability: Fast, low-cost and secure transactions on Matic sidechains with finality achieved on mainchain and Ethereum as the first compatible Layer 1 basechainHigh Throughput: Achieved up to 10,000 TPS on a single sidechain on internal testnet; Multiple chains to be added for horizontal scalingUser Experience: Smooth UX and developer abstraction from mainchain to Matic chain; Native mobile apps and SDK with WalletConnect supportSecurity: Matic chain operators are themselves stakers in the PoS systemPublic Sidechains : Matic sidechains are public in nature (vs. individual DApp chains), permissionless and capable of supporting multiple protocols

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Polygon

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks

Polygon [MATIC]

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