Matic Network is a Layer-2 scaling solution that provides instant, low cost, and secure transactions on Ethereum. Built on an adapted implementation of Plasma and a decentralized network of Proof-of-Stake (PoS) validators, its goal is to solve the scalability and usability issues for developers building Dapps, whilst not compromising on decentralization and user experience.
Sandeep Nailwal, COO & Co-founder of Matic, joins us to chat about how Matic works and the problems it's solving, and we also get a fascinating look into the crypto and startup community in India.
Topics covered in this episode:
Sandeep’s background and how he got involved in crypto
What the crypto scene looks like within Bangalore’s startup ecosystem
How have the Indian regulations on crypto affected Matic's business
What Matic is and the main problem it’s solving
A deep dive into Matic’s technical infrastructure and building on Tendermint
Why choose Matic over other off-chain scaling solutions for Ethereum
Matic's leveraging of hackathons in their go-to-market strategy
Some of the trade offs one needs to make when using Matic
How Matic will fit into the Ethereum 2.0 ecosystem as it develops
Dagger, and other tools they are planning to build
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This episode is hosted by Sebastien Couture & Meher Roy. Show notes and listening options: epicenter.tv/369
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