Join, compete & win! Prize pool of $100,000
Our Scheduled Maintenance starts on August 10th from 10 to 11am UTC. We‘re working hard to serve you better

Tag: Matic

Search
Generic filters

Courses

Pages

Blog Posts

When traders believe the price of BTC and ETH has gotten too high, they instead often look for undervalued "altcoins". This article takes a closer look at some of the altcoin projects that have traders talking.

Rebranded from “Matic Network” in February 2021, Polygon is a layer-2 network designed to bring mass scalability to Ethereum and interoperability between other blockchains. Retaining the MATIC cryptocurrency ticker, Polygon is evolving into a platform to help developers bring products to market quickly. This is achieved using customizable, modular blockchain network tools and services that harness the power of the Ethereum network, without the drawbacks associated with high transaction fees and network congestion. As such, layer-2 solutions are drawing a lot of attention as the crypto industry looks to expand and interoperate.

New and exciting DeFi projects launch all the time, and it can be difficult to keep up with them all. More specifically, understanding project fundamentals, the services they can offer to users, announcements of partnerships and integrations can all seem abstract. Matic Network, on the other hand, a Layer-2 scaling solution utilizing Plasma side chains, has a very concrete use case. Put simply, Matic Network is a scaling solution underpinning dApps and DeFi applications, addressing some of the Ethereum Network’s scalability challenges.

Log In

Sign in to your account and start learning!

Build Web3 Projects
Take part in weekly development projects & win NFTs