Market cap
$1.4B
Volume 24hr
$332.4M
Supply
5.0B MATIC
Max supply
10.0B MATIC
✓Decentralized
✓Scalable
✓Proof-of-Stake (PoS)
Matic Network describes itself as is a Layer 2 scaling solution that uses 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 in a secure and decentralized manner.
Matic Network claims to have worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol, and the Ethereum event notification engine - Dagger.
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