Category Archives: Polygon news

Ocean Protocol’s smart contracts and the Ocean Market are deployed on Layer 2! Read the Partnership Announcement from The Ocean Protocol here: After being deployed on the Ethereum mainnet, Rinkeby, Ropsten and Ganache, Ocean Protocol have now partnered with Polygon to bring Web3 Data Economy tools to Polygon’s Layer 2 chain & ecosystem. Ocean Protocol’s mission[Read more…]

The Atari Group, one of the world’s most iconic consumer brands and interactive entertainment producers, has announced a significant partnership with Polygon. Atari will leverage Polygon’s layer 2 solution to increase the scalability of the Atari Token, NFTs (non-fungible tokens), and token-related products. We are thrilled to announce our partnership with Polygon, whose Layer 2 solution will[Read more…]

As the number of decentralized applications launched on Polygon (formerly Matic) continues to rapidly increase, we are actively working to provide developers with additional infrastructure and the most in-demand tooling required to make unique smart contract use cases a reality. To support this goal, we are proud to announce that the Chainlink Verifiable Random Function (VRF) is now live on the Polygon Mainnet,[Read more…]

The Graph expands to Layer 2 Blockchains and adds Indexing and Querying Support for Polygon, formerly Matic Network, who have over 200k users and 90 applications. Today we are excited to announce The Graph support for Polygon — Ethereum’s Internet of Blockchains (formerly Matic Network, a side chain for Ethereum) — on The Graph’s hosted service. This begins The Graph’s expansion[Read more…]

TL;DR: Matic Network is expanding tech scope and mission and becoming Polygon — Ethereum’s Internet of Blockchains. Existing Matic solutions remain functional and high priority. $MATIC token remains critically important for securing and governing the network. Founders and the team all continue to work in an unchanged way, augmented by prominent Ethereum developers, researchers and community members. Dear Matic Network supporters and[Read more…]

According to Yahoo! Finance, Indonesia’s digital economy is expected to reach $100 billion USD by 2025, priming it for the upcoming wave of cryptocurrency and blockchain adoption. Additionally, Bank Central Asia, the largest private bank in Indonesia, recently adopted blockchain technology to support a budding digital economy. This past week, the Matic Network team flew to[Read more…]

Matic Community Pledges $1.6M in Cere Network Private Sale, Blowing past $100K Target Toward the end of summer, Cere announced a partnership with Matic Network that would supercharge their decentralized CRM solution. By integrating with Matic’s Plasma-based sidechain network, Cere will be able to connect businesses and vendors to throughputs 38 times faster than Visa’s[Read more…]

Matic Network has a three-layered security architecture in which there are the following entities involved: 1) Block Producers -aka BOR chain: These are involved in batching transactions in blocks to ensure faster confirmation times 2) Validator Layer — aka Heimdall: These are validator nodes that batch the blocks produced by the block producers and push them to the Ethereum 3)[Read more…]

Siddhartha Jain: Matic’s PoS validators will be tokenized to enable faster access to liquidity and easier transfers of staking slots. What problem are we trying to solve? In the existing Proof of Stake implementations a network participant — the staker, needs to bond/lock his tokens to earn the right to earn block/network rewards in terms of inflationary tokens.[Read more…]

By Anurag Arjun An important use case for Matic Network will be transactions on decentralized exchanges — that will be enabled in a future release of Matic. Here is how Matic Network will work with the 0x protocol to enable instant, decentralized and low-cost trades. Decentralized exchanges Decentralized exchanges are the next important progression from the current centralized system of exchanges. Key[Read more…]