Assets, Ethereum

Is Matic an Ethereum?

Matic Network is a Layer 2 scaling solution that achieves scalability by utilizing an adapted form of Plasma with PoS based side chains. Matic Network’s primary aim is to be the decentralized infrastructure on which next-generation applications can be built.

NOTE: WARNING: Matic is not an Ethereum. It is a Layer 2 scaling solution that is used to scale Ethereum-based blockchain networks. It is not a separate cryptocurrency or blockchain platform.

While Matic Network can theoretically scale any blockchain, their primary focus is on Ethereum. .

Matic Network is not an Ethereum token, but it is built on top of Ethereum. Matic Network’s goal is to provide a scalable platform on which next-generation decentralized applications can be built.

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