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Lahore, Pakistan.
1 Level
135 Review
31 Karma

Review on Matic Network by Mohammad Shuja

Revainrating 5 out of 5

Matic Network is currently known as Polygon.

I envision Matic Network working in collaboration with the next version of Ethereum 2 as the future of blockchain; new financial ventures will be what we appreciate most about this project, and attaining standardization will be as near as feasible in the medium term. Without a doubt, a significant addition to the blockchain.



Validators or even people run sidechains. Plasma was designed specifically for ether, but it is already being used in a growing number of projects. Before Matic tokens were ever considered, some Matic team members were directly generating plasma.



Plasma is being used in sidechains, and the proof of stake system is being upgraded. Matic should be very scalable as a result of this. One sidechain should be able to handle up to 10,000 transactions per second, and by adding more sidechains, they believe this figure may be increased.



They also want to create a platform that is easy to use. Allowing developers to easily migrate their decentralized applications to their new platform.



I anticipate that decentralized exchanges and other protocols, like as 0x, will begin to employ Matic as well.

Pros
  • It is an easy-to-use platform.
  • Sidechain integrated.
  • Most hyped project in current time.
Cons
  • None.

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