HashQuark Joins Matic Validator Ecosystem

HashKey Cloud
Oct 19, 2020

We are thrilled to announce that we’ve joined the Matic network in its decentralized validator ecosystem!

Matic is a developer-first hybrid PoS+Plasma sidechain on top of Ethereum, enabling Ethereum developers to scale their DApps for large scale usage.

The Matic Network blockchain achieves finality using PoS checkpoints which are pushed to the Ethereum mainchain. This enables a single Matic sidechain to theoretically achieve 65,535 transactions per block.

Matic is backed by Binance and Coinbase, with more than 80+ Dapps building on Matic, ranging from DeFi Protocols to games and prediction markets.

Key Strengths and Features:

L2 transactions secured by Plasma.

Zero effort deployment for existing Ethereum programmers.

Extremely low-cost transactions.

High throughput and fast (1–2 second) confirmation times.

Adoption exponentially increasing

Ideal solution for DeFi projects to overcome Ethereum’s performance bottlenecks.

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HashKey Cloud

A staking services platform focusing on public chains built upon the likes of PoS and DPoS.