Matic 
Blockchain Service
Matic Network provides scalable, secure and instant Ethereum transactions. It is built on an implementation of the PLASMA framework and functions as an off chain scaling solution.
Binance 
Matic MATIC Rank 34 | USD Amount | - |
| BTC Amount | - |
| ETH Amount | - |
| Price | $1.31 |
| Market Cap | $5,038,310,484 |
| Fully Diluted Market Cap | $13,106,289,900 |
| BTC Price | 0.00002599 |
| ETH Price | 0.00033028 |
Matic Network strives to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem. It is an off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities.
We have chosen Ethereum as the first platform to showcase our scalability and we already have a working implementation for Ethereum on Kovan Testnet. It allows instant transfers, exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies in future (Bitcoin using other stable coin protocols). It’s an adapted implementation of Plasma framework for Ethereum to start with, but our “vision” is to provide off/side chain scaling solution for blockchains in general. Matic foundation intends to provide Matic wallet, payment APIs & SDKs, products, identity solutions and other enabling solutions that will allow developers to design, implement and migrate DApps built on base platforms like Ethereum. One of the key pillars of Matic Network’s ideology is user experience which is very poor for Blockchain applications as of now. Matic Team has already built high quality user experience Mobile/Web browser libraries which will enable businesses to create real world end user applications on a large scale. Matic roadmap also includes supporting cross-chain transfers and third party Decentralized exchanges, liquidity pools etc.`
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Q3 2018
Matic testnet released to developers (closed alpha)
Plasma MVP contracts on testnet
Full ERC20 support for fast and cheap transfers
Plasma exits tokenized for fast exits
Dagger (real-time Ethereum events notifications engine) released
Dagger integration with Zapier (ERC20 transfers)
-
Q4 2018
Matic.js Javascript SDK released for testnet
Matic mobile app (with Plasma support) - internal release
Quarters (games platform integrated with Matic testnet)
WalletConnect support on mobile app (Ethereum & Matic testnet)
-
Q1 2019
ERC721 support on Matic testnet PoS implementation for Staker nodes for sidechain - internal release
Matic testnet v2 released to developers (closed beta)
Asset swaps PoC on Matic testnet (for Decentraland marketplace)
Tokenized staker slots for PoS implementation
Dagger integration with Zapier (generic contract events)
Cryptostaw (Burner wallet) integrated with Matic testnet
Hermione (realtime, scalable Ethereum data processor) - internal release
-
Q2 2019
Matic Network Mainnet release (alpha)
Allow Deposits and withdrawals of Ethereum-based assets using the Matic Plasma implementation in alpha
Plasma - Cross-asset swaps between ERC721-ERC20, ERC20-ERC20, ERC721-ERC721) on testnet
Proof-of-Stake Validator onboarding
dApps developer program
Matic Wallet - WalletConnect for dApps (Ethereum & Matic Network transactions)
-
Q3 2019
Matic Network Mainnet release (beta)
Plasma - Asset swaps (ERC721-ERC20, ERC20-ERC20, ERC721-ERC721) support on mainnet
Generic smart contract support (with PoS guarantees)
Plasma Fast exits implementation on testnet
Plasma Watcher nodes
-
Q4 2019
Matic Network Mainnet release
Plasma Fast exit services on mainnet
Transaction relay pool (perform transactions without ETH) - for enabling easy asset/state movement from Ethereum to Matic
Generic smart contract support (with Plasma guarantees) - Proof-of-Concept
Plasma - NFT Marketplace platform release for Ethereum assets
Rank 34
Matic MATIC
| USD Amount | - |
| BTC Amount | - |
| ETH Amount | - |
| Price | $1.31 |
| Market Cap | $5,038,310,484 |
| Fully Diluted Market Cap | $13,106,289,900 |
| BTC Price | 0.00002599 |
| ETH Price | 0.00033028 |
Matic Network provides scalable, secure and instant Ethereum transactions. It is built on an implementation of the PLASMA framework and functions as an off chain scaling solution.
Matic (MATIC) is a cryptocurrency, the latest Matic price is $1.31, up 24.42% in the last 24 hours. Matic market cap is $5,038,310,484 with a 24h volume of $1,156,354,546. It has a circulating supply of 3,844,192,768 MATIC and a total supply of 10,000,000,000 MATIC. Matic reached it's all time high on 14 May 2021 when it was trading at $1.32.
Matic Network strives to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem. It is an off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities.
We have chosen Ethereum as the first platform to showcase our scalability and we already have a working implementation for Ethereum on Kovan Testnet. It allows instant transfers, exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies in future (Bitcoin using other stable coin protocols). It’s an adapted implementation of Plasma framework for Ethereum to start with, but our “vision” is to provide off/side chain scaling solution for blockchains in general. Matic foundation intends to provide Matic wallet, payment APIs & SDKs, products, identity solutions and other enabling solutions that will allow developers to design, implement and migrate DApps built on base platforms like Ethereum. One of the key pillars of Matic Network’s ideology is user experience which is very poor for Blockchain applications as of now. Matic Team has already built high quality user experience Mobile/Web browser libraries which will enable businesses to create real world end user applications on a large scale. Matic roadmap also includes supporting cross-chain transfers and third party Decentralized exchanges, liquidity pools etc.`
-
Q3 2018
Matic testnet released to developers (closed alpha)
Plasma MVP contracts on testnet
Full ERC20 support for fast and cheap transfers
Plasma exits tokenized for fast exits
Dagger (real-time Ethereum events notifications engine) released
Dagger integration with Zapier (ERC20 transfers)
-
Q4 2018
Matic.js Javascript SDK released for testnet
Matic mobile app (with Plasma support) - internal release
Quarters (games platform integrated with Matic testnet)
WalletConnect support on mobile app (Ethereum & Matic testnet)
-
Q1 2019
ERC721 support on Matic testnet PoS implementation for Staker nodes for sidechain - internal release
Matic testnet v2 released to developers (closed beta)
Asset swaps PoC on Matic testnet (for Decentraland marketplace)
Tokenized staker slots for PoS implementation
Dagger integration with Zapier (generic contract events)
Cryptostaw (Burner wallet) integrated with Matic testnet
Hermione (realtime, scalable Ethereum data processor) - internal release
-
Q2 2019
Matic Network Mainnet release (alpha)
Allow Deposits and withdrawals of Ethereum-based assets using the Matic Plasma implementation in alpha
Plasma - Cross-asset swaps between ERC721-ERC20, ERC20-ERC20, ERC721-ERC721) on testnet
Proof-of-Stake Validator onboarding
dApps developer program
Matic Wallet - WalletConnect for dApps (Ethereum & Matic Network transactions)
-
Q3 2019
Matic Network Mainnet release (beta)
Plasma - Asset swaps (ERC721-ERC20, ERC20-ERC20, ERC721-ERC721) support on mainnet
Generic smart contract support (with PoS guarantees)
Plasma Fast exits implementation on testnet
Plasma Watcher nodes
-
Q4 2019
Matic Network Mainnet release
Plasma Fast exit services on mainnet
Transaction relay pool (perform transactions without ETH) - for enabling easy asset/state movement from Ethereum to Matic
Generic smart contract support (with Plasma guarantees) - Proof-of-Concept
Plasma - NFT Marketplace platform release for Ethereum assets
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