Coinbase and Binance are ALL FUCKING IN

Matic enables scalability not by making its own entire new public blockchain, but this with Plasma, on ETH. It's an upgrade to Ethereum, it's not a competitor. It adds to the ETH ecosystem by providing scalability and tech implementations, while simultaneously piggy backing on ETH giant community and resources. This is the potential. What is built on ETH, can be routed via Matic. Why: cheaper and faster. You are still essentually using ETH, just via Plasma implementation of Matic.

For example, Decentraland has committed to using Matic mainnet to wire its operations through it. They are also close with DAI (MakerDAO) for the same purposes. To me, the narrative of this is clear: Engine for DeFi. How realistic this is? Well, you just need to be in bed with ETH projects or have huge backing (cough, Coinbase, cough) - and then just make them all wire transactions through Matic. Done. So the buz dev story is clear: first get all popular ETH projects who lack scalability - to use Plasma. And then start building more yourself.

Ok so just to sum up, what gets me hard:
1) They are dev focused, have nice docs and innovations, so it's sexy.
2) They have a clear biz dev / community acquisition strategy. Check all the ethhub and etc. updates about them. Waiting for Vitalik to tweet next LOL.
3) They explain what the token is for (to make plasma implementation permissionless)

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This is the worst thing shilled this hard in all my years on biz

Idiots

CZ and Brian Armstrong have massive Matic bags, but I will listen to this massive faggot instead.

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Why is the circulating supply 1/8 total supply? does it stake?

what is the point of the token and why would this project still be necessary after ethereum 2.0

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>he trusts chinks
>he trusts kikes

autoMATICally retarded

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“The reason I think layer 1 and layer 2 are complementary is because ultimately, if you look at the math, the scalability gains from the layer 1 improvements and layer 2 improvements do ultimately multiply with each other. If you have a Sharding solution, the Sharding solution itself might increase the scalability of Ethereum by a factor of 100, or eventually even more. But then, if you do Plasma on top of the scalability solution, then what that means is, you’re not just doing 100 times of the amount of activity but you are doing 100 times the amount of entrances, the amount of exits, and dispute resolutions”

I Remember when you genderqueers were proclaiming Coinbase is all in on 0x too

This. 2.0 is going to btfo a lot of these scamcoins

One would think but this price decline its fucked. It makes no sense. There are only like 150 token holders. Who’s buying and who’s selling? Doesn’t even look like it’s being accumulated. Just straight sell off.