Massive scale to Ethereum using an adapted version of Plasma with PoS based side chains
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.
Jaynti Kanani, Co-founder & CEO - https://www.linkedin.com/in/jdkanani
Sandeep Nailwal, Co-founder & Chief Operating Officer - https://www.linkedin.com/in/sandeep-nailwal-60709a33
Anurag Arjun, Co-founder & Chief Product Officer - https://www.linkedin.com/in/anuragarjun
Shogo Ochiai, Consensus Research Lead, Japan - https://www.linkedin.com/in/shogo-ochiai-11129237
Bhavir Shah, Head, Engineering - https://www.linkedin.com/in/shahbhavir
Vaibhav Chellani, Blockchain Engineer - https://www.linkedin.com/in/vaibhavchellani
Delroy Bosco, Project Manager - https://www.linkedin.com/in/delroy-bosco-12078318
Ashish Rajpurohit, Platform Engineer - https://www.linkedin.com/in/ashishrp7
Sayli Patil, Application Engineer - https://www.linkedin.com/in/ptsayli
Nirbhik Jangid, Community Manager - https://www.linkedin.com/in/nirbhikjangid
Esteban Ordano (Advisor) Founder & CTO, Decentraland - https://www.linkedin.com/in/eordano
Pete Kim (Advisor) Head of Enginerring, Wallet at Coinbase - https://www.linkedin.com/in/jihoonkim
Ari Meilich (Advisor) Founder & CEO at Decentraland - https://www.linkedin.com/in/arimeilich