Matic Network is now called Polygon.

Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Aggregate scalable solutions on Ethereum to support multi-chain Ethereum ecosystem.

Matic Network is a second-layer scalability platform that enables fast, simple and secure off-chain transactions, not only for payment transactions, but also for generalized off-chain smart contracts. Matic Network is a significant contributor to the Ethereum ecosystem, working on the implementation of Plasma MVP (Minimum Running Plasma), the WalletConnect protocol and the Ethereum event reminder engine - Dagger made a prominent contribution. Matic tokens are used for equity betting and participate in the proof-of-consensus mechanism of the sidechain network.

Project Introduction

Matic Network's mission is to leverage decentralization, scalability, and security to drive mass adoption through our Layer 2 scaling solution, and leverage sidechains for off-chain computing to achieve this, while using the Plasma framework And a decentralized network of PoS validators to ensure asset security. Matic strives to solve the scalability and usability issues of the blockchain ecosystem without compromising decentralization and leveraging the existing development community and ecosystem. With a more powerful framework to facilitate higher transaction throughput, Matic Network is currently providing blockchain developers with a place to build world-class Dapps across multiple industries (such as decentralized finance, gaming, enterprise software, etc.) resources needed. Matic Network aims to solve the above problems and provide a layer 2 scaling solution to achieve scale by utilizing sidechains for off-chain computing while utilizing the Plasma framework and decentralized Proof-of-Stake (PoS) validators to ensure asset security change. Matic will be the de-facto platform for developers to deploy and run decentralized applications.

Main function

1. 扩展性
 在侧链上进行快速且低成本的交易并在主链上得到确认；以太坊是第一个可兼容的基础链
 
2. 高吞吐量
 测试网的单一侧链上已可以最高达到10,000 TPS；多条侧链亦会进一步帮助横向扩容
 
3. 用户体验
 顺畅的用户体验和从主链到Matic 链的开发抽象层；附带WalletConnect支持的移动端应用和软件开发工具
 
4. 安全性
 Matic链的运行者同时也是PoS系统的权益所有者
 
5. Public side chain
Matic side chain is a public non-permission chain and can support multiple protocols

Project Use Case

1. Payment
Integrate Matic Payments on dApps in just a few simple steps, and settle payments on-chain when needed. Due to the short block generation time, payment transactions on Matic Network can be confirmed in sub-seconds and can significantly reduce fees, providing dApp users with a smoother and frictionless payment experience. Matic provides dApps developers and users with a simple interface and payment API/SDK that can instantly accept or pay ERC20 tokens, ETH, Bitcoin and other encrypted assets.
 
2.分散交易所
由于交易吞吐量低和等待时间长，分散交易落后于集中交易。 Matic has all the features a trading platform should have - faster and cheaper transactions. Matic powers decentralized exchanges and enables trustless, reliable and easy crypto transactions.
 
3.游戏网络
 从历史上看，游戏一直由控制游戏内货币以及数字资产和收藏品供应和销售的公司运营。 Users do not own the assets they buy or win on traditional gaming platforms. Blockchain provides us with a reliable way where users can control the ownership and transactions of their assets. Matic can help improve the efficiency of executing gaming network transactions via the blockchain, such as buying or selling in-game currency, and buying or selling digital assets in card-based games.
 
4.令牌空投
 由于Matic独特的扩展架构，Matic以低成本提供即时、安全的交易。 This can be used for various bulk transfer use cases. For example, Matic will enable projects to conduct token airdrops in batches without high transaction fees and low wait times.

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