Polygon Price Prediction: Will MATIC Price Crash or Rise?

Nayana Patil23 Mar, 2021Finance

What is Matic Network ( MATIC) ? Matic Network is a layer-2 scaling platform that facilitates fast and secure off chain transactions for payments and generalized off chain smart contracts. It is a scaling solution for the Ethereum network. It allows Ethereum based transactions to be processed quickly using innovative protocols.The Matic token is specifically used for staking. Matic employs the plasma to develop decentralized applications. Plasma is a specific framework for easily creating decentralized applications that can interact seamlessly with each other. Matic Network was found by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun.