What currency is MATIC in Chinese

maticWhat currency Editor’s note: This article is from Zhikuang University (ID: gh_37c9e0eaf00a), reprinted by the Daily Planet with authorization According to Bitcoinist, the token name for MATIC is MaticNetworkToken, which is powered by decentralized networks and achieves cross chain communication and value transfer through blockchain technology; According to official news, on October 28, 2018, Matic announced the official release of its main website and began mining. What is MATIC? MATIC can be understood as a side chain protocol, which is a new side chain protocol developed based on the Ethereum Virtual Machine (EVM) framework; Its main features include support for smart contracts, low latency transactions, scalability, and reduced gas costs Simply put, it means that users can use MATIC to make payments within an application, while also being able to perform complex functions. This unique pattern allows for selection and combination under different use cases. Due to the adoption of a “modular” design, each participant’s operations are easier and the cost is more competitive. At present, two Cryptocurrency similar to Matic – ETH and BTC – are used in the market as basic assets to support its ecosystem. 1. ETH: ETH2.0 Phase 1 is coming soon. ETH1.0 will be deployed to Polygon first. Then a new Layer2 expansion solution will be added to the Polygon network. The second main goal is to expand the compatibility of Ethereum, aiming to save time and human capital for developers and developers. The third focus is to add MATIC as the underlying asset after ETH2.0 phase 3. 4. LTC: MATIC has become the first primary network native Cryptocurrency linked to the US dollar. LTC is a digital token in the form of ERC-20 and the only network with this feature. However, LTC is not ERC20 version of Bitcoin, but is fully compatible with Ethereum ERC-20 version of digital token

MaticCoin Chinese

According to the official news, MaticCoin is translated into Matic (the original MaticNetwork), which is a decentralized and unmanaged Cryptocurrency According to reports, MATIC was jointly developed by Stanford University and the Massachusetts Institute of Technology in the United States, aiming to become a highly scalable and cost-effective network platform. This protocol is built using blockchain technology, without the need for licenses and security, to protect transactions on the network and improve security. The MATIC code name “MATIC” is a community driven encrypted payment gateway that allows users to receive real-time Bitcoin transfer services at the lowest price.