ZED PLATFORM LEVERAGES ON THE MATIC NETWORK

ZED PLATFORM LEVERAGES ON THE MATIC NETWORK

Seeing that the current Blockchain network on which different systems build are not reliable and efficient due to the fact that they lack the scalability needed to function properly.

Take the Ethereum Blockchain for instance, a lot of systems who have built on this network have faced these scalability issues as it is unable to confirm blocks at a speedy pace, leading to its slow speed of processing. The increased cost for processing transactions and other limiting factors has also made the current Blockchain system seem inefficient.

Going at this pace, the global adoption of Blockchain is still very far off, as a result of all these challenges which users face while building on the Blockchain, and this will remain an issue if a lasting solution to this scalability issue is not found.

MATIC NETWORK HAS EMERGED AS A SOLUTION

Matic Network is a digital system that has emerged to solve the problem of scalability faced in the Blockchain industry while using the existing Blockchain like Ethereum and the other Blockchain networks.

So it has been developed with the aim of bringing full scalability to Ethereum Blockchain, so as to ensure that everyone making use of the Blockchain either for the development of decentralized applications or Blockchain-based systems, will get to enjoy the boons of the technology.

One might ask how Matic Network intends on eliminating the scalability issues. Well, that is no problem.

Matic Network uses the Plasma framework to facilitate the increased speed of operation and reduced cost of transactions and improved side chains which runs with a better consensus mechanism called PoS (Proof-of-Stake), to drive the efficiency of the system.

With these techniques and its improved structure, Matic Network has not just improved the performance of the Blockchain, but has also ensured the adoption of the Blockchain worldwide, seeing as the elimination of the scalability issue by Matic has returned the interest of the global users to the technology and its benefits.

ZED ADOPTS MATIC NETWORK

Seeing the level at which Matic Network is impacting on the digital system and the global industries, another platform has just announced its interest to adopt the Matic Network into its system, so as to better its performance and services to its users.

ZED is a digital gaming system focused on horse racing and betting, where it's users are allowed to take part in horse racing, betting and even the purchase and breeding of their own horses, digitally.

Being powered by the Blockchain, ZED needs a system which will help it perform more effectively by getting rid of the challenges faced on the existing Blockchain and the Matic Network proves to be the best fit.

With the help of Matic, ZED will be able to process different transactions very fast and at a reduced cost, with the capability of executing multiple operations at a time.

This means that the users of ZED platform can actually carry out their digital gaming activities without speeding much, while enjoying the increased speed of operations and the security accrued with the Ethereum Blockchain, thereby having a great gaming experience on ZED, all thanks to Matic Network.

CONCLUSION

Matic is indeed the next big thing, in the Blockchain industry and the digital system at large seeing as it completely removed the scalability challenge encountered by the Dapps developers on the Blockchain.

ZED and it's users through the adoption of Matic Network, are about to have the best experience on the system, as it ensures the seamlessness, cost efficiency and improved speed of operations.

WRITER Victor Emmanuel

Telegram Username Vickystar01