Review on Matic Network by Saleh Bayramli

Ethereum is the first well-structured and easy-to-use platform for scaling and developing infrastructure. Its main component is Polygon SDK, which is a flexible modular framework that supports the creation of multiple types of applications. Using Polygon, you can create an optimistic aggregation chain, ZK aggregation chain, independent chain or any other infrastructure according to the needs of developers. Polygon effectively turned Ethereum into a complete multi-chain system. This multi-chain system has the advantages of Ethereum's security, vibrant ecology and openness, and is a popular platform for Polkadot, Cosmos, and Avalanche. Similar to others. Matic; it is a layer 2 scaling solution supported by Binance and Coinbase. The project aims to promote the mass adoption of cryptocurrencies by solving many scalability issues in blockchains. Polygon combines Plasma framework and test blockchain architecture. According to the suggestion of Ethereum co-founder Vitalik Buterin, the Plasma framework used by Polygon can easily execute autonomous and scalable smart contracts. There is no change in the ecosystem currently built on the PlasmaPOS chain. Polygon has built new capabilities around existing mature technologies to expand its ability to meet the diverse needs of the developer ecosystem. Matic continues to develop core technologies so that it can expand into a larger ecosystem. 65 polygons per second in a single side chain. Chapter

What is Matic Coin?

Matic Coin was co-founded by two seasoned blockchain developers and a business consultant Jaynti Kanani, Sandeep Nailwal and Anurag Arjun. Before migrating to their network in 2019, the Polygon team was a major contributor to the Ethereum ecosystem. The team is committed to implementing Plasma MVP, the WalletConnect protocol, and the widely used Dagger event notification engine on Ethereum. Jaynti Kanani is a mature blockchain developer and engineer, currently serving as CEO of Polygon. Jaynti plays an indispensable role in the implementation of the Web3, Plasma and WalletConnect protocols on Ethereum. Prior to participating in blockchain, Jaynti worked as a data scientist at Housing.com. Sandeep Nailwal is the co-founder and COO of Polygon, a blockchain developer and entrepreneur. Before Sandeep co-founded Polygon, he served as CEO of Scopeweaver and CTO of Welspun Group. Anurag Arjun is the only non-programmer co-founder of Polygon. As a product manager, he works with IRIS Business, SNL Financial, Dexter Consultancy and Cognizant Technologies. When will

Matic Coin

be released? The release date of

Matic Coin is 2017. The goal of Matic Network is not to update the core layer of the blockchain network, but to target the second layer of scale. The entire Matic Network legacy is produced by the foundation. Matic describes itself as a level 2 expansion solution. This means that the project will not attempt to update the existing underlying blockchain layer in the short term. The project focuses on scalability and reducing the complexity of instant blockchain transactions. Chapter

What Country Did Matic Coin Come From? The country of

Matic Coin is India. It uses a custom version of the Plasma framework, which is based on the ProofofStake checkpoint running through the main Ethereum chain. This unique technology allows each sidechain in Matic to process up to 65,536 transactions per block. How to get

Matic Coins?

To get Matic Coin, you need to create an account on a cryptocurrency exchange. As one of the projects that has made great contributions to the development of the Ethereum ecosystem, Matic is very popular with online exchanges that focus on DeFi. Here are the best exchanges where you can buy, sell and trade MATIC right now:

Binance

BONE

ZebPay

Coinbase Pro

Huobi Global

UniSwap

WhiteBIT

You can create your personal by choosing the most optional platform (like Hotbit) account. After your KYC is approved, you can use EFT to create a balance to make purchases in the account opened for the transaction. After completing all the steps, you can start placing Matic Coin trading orders. What infrastructure does

Matic Coin use? The infrastructure of

Matic Coin is based on PoF. As a Tier 2 solution that uses proof of equity to verify the network for asset security, equity is an indispensable part of the ecosystem. Validators on the network will become part of the network's PoS consensus mechanism by staking Matic tokens, thus obtaining Matic tokens in return. Members of the network who do not want to become validators can transfer their Matic tokens to another validator, but will continue to participate in the participation process and receive participation rewards. In addition to proof-of-stake checkpoints, Matic uses block generators in the block production layer to achieve a higher degree of decentralization. These block producers provide certainty for the main chain through the use of checkpoints and anti-fraud mechanisms. What are the advantages of the

Matic coin? The advantages of

Matic Coin are as follows: The Polygon network where

Matic is located uses a plasma chain model to establish a fast cryptocurrency transfer bridge between the main chain and the small chain. Cross-border coin transfers between wallets are completed in minutes.

Thanks to the ZK aggregation model, Matic can also record every transaction on the network on the Ethereum network. Matic Coin transactions can access smart contracts. The

Polygon that includes Matic is used in conjunction with an optimistic aggregation model and a special anti-fraud algorithm. The risk of money laundering is reduced.

It can be accessed at any time because it can be found on high-volume exchanges such as Matic Binance and Caoinbase.

Matic locks the online wallet for a period of time, allowing you to earn extra coins without risk. The disadvantages of

Matic Coin are as follows:

Although the Polygon network provides speed by solving the scalability problem of Ethereum, it does not affect users' slightly higher gas fees compared with other altcoins.

Although Matic is stored in your virtual cryptocurrency wallet, you may encounter attacks from cryptocurrency exchanges. It is protected by offline storage in the wallet.

Commercially, the sidechain of Matic Coin is structurally designed to support various decentralized finance (DeFi) protocols available in the Ethereum ecosystem. While Matic Coin currently only supports the Ethereum base chain; the network aims to expand support