Matic, a project which has captured the imagination of the blockchain crypto community is only weeks away from its highly anticipated mainnet launch, which is due by the 15th of May 2020. Matic, is anticipated to be a massive project and over the coming months is likely to increase its market cap substantially, due to the fact that it is built on the Ethereum Blockchain, and as a consequence will become the default scaling option of Ethereum based Dapps. However, not only Ethereum based Dapps but also other blockchains will be using Matic. One example, is Harmony One which uses sharding technology as well as Matic integration for the ultimate scalability optimisation.
Even though Matic has not yet launched its mainnet, over 40 projects have built on Matic from the ground up in anticipation of the mainnet launch, while at the same time seeking to be recognised as superior layer 2 solutions over competitors. Matic, although not yet known by many digital currency and blockchain enthusiasts, has solved the main issues which previously prevented blockchain and cryptocurrency adoption by the mainstream; namely, scalability, security and costs. Matic is able to scale massively and to satisfy enterprise adoption at any level.
The image below lists those initial Matic partnerships’ which have built on Matic for the reasons outlined above. Nevertheless, although these industry solutions have changed the future of blockchain adoption, the fact that Matic itself is built on the Ethereum blockchain, gives added assurance to those eager and committed to building a future on blockchain technology. While the Matic team continues to innovate and develop the sidechains for scaling and other purposes, Vitalik Buterin, continues to enhance the base layer Ethereum Network to ensure that it remains the finest, most tested, and most trusted blockchain in the world. As Stated above over 40 new projects have integrated with Matic and built from the ground up; however, many of the thousands of existing Ethereum projects will undoubtably integrate after Mainnet because this is the logical option as layer 2 has now become essential for future success.
Matic partnerships before mainnet
Integrate With Matic Now – No Setup Costs
According to Chandresh Aharwar -VP - Operations & Marketing (April 2020) - it will not cost a Dapp any money to integrate with Matic. On the contrary, Chandresh affirms that the Dapp projects which decide to integrate will receive full technical support and become a part of the extended Matic family.
There has never been a better time to make this decision. It is anticipated by many that once some degree of normalcy returns, after the damage done by Covid-19, that markets will soar and blockchain mass adoption which is at the doors will resume as never before. In an ever increasing competitive world enterprise will seek ways to gain an edge, and blockchain technology is the key to success. Matic is ready for this enterprise adoption surge (Blockchain Mass Adoption).
FOR OTHER MATIC ARTICLES BY THE SAME AUTHOR GO TO BLOCKCHAIN INNOVATION
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Update
Mintflint above has announced that they are closing due to financial issues
https://medium.com/@mint_flint/closing-mintflint-86447f9f6098
Source of Image
Canstockphoto6777307
