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What is Matic

Built by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun in 2017, Matic is the native cryptocurrency on Polygon. The Polygon (Matic) Network is a dApp

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What is Matic

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  1. What is Matic ?

  2. Introduction Discover What is Matic, it is a native cryptocurrency on Polygon network. The Polygon (Matic) Network is a network that supports dApp developers and allows for quicker and less expensive transactions. Matic Network has included the Plasma framework to allow for speedier and less expensive transactions. In addition to the Ethereum mainnet, a secondary network is created using the Plasma Framework. This secondary network's benefit is that it quickly completes the transaction and sends the results back to the main network. Consequently, the transactions on the Ethereum mainnet become quicker and more inexpensive.

  3. Key Advantages of Matic Improved Scalability By easing the load on the mainnet, the Matic Network let the network scale better. Better User Experience for the dApp developers Matic provides a much improved infrastructure layer for Ethereum that enables the deployment of dApps simpler and more effective, which in turn provides a significantly improved user experience for developers.

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