Matic Network

by Matic-Network India LLP

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VITE

by VITE Labs

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IPFS

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Matic Network

by Matic-Network India LLP

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VITE

by VITE Labs

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IPFS

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.VITE's goal is to make it easier for developers to issue tokens and create DApps.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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