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What is Matic?

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A token with the promise of scalable, secure and instant transactions.

  • The Matic Network enables faster and extremely low-cost transactions by utilizing Ethereum sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.
  • Beyond its utility as a unit of exchange on the network, the Matic token is positioned as a medium of financial incentive for the users who want to make contributions to the Matic Network and keep its ecosystem alive.

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