Blockchain News

Matic Network to Discuss Building Scalable dApps on its Network at LETCON 2020

Matic Network will present a workshop titled ‘Building Scalable dApps with Matic Network’ at the Leaders of Emerging Technology Conference (LETCON) 2020 to be hosted by Zubi, India’s first emerging technology company, on August 20, 2020.

Despite holding lots of promise, Blockchain platforms and cryptocurrencies are often let down by their scalability and usability issues. This is the primary reason why decentralized applications (dApps) have not been able to achieve mass adoption.

Matic Network’s Vice President of Growth Arjun Kalsy and Product Solutioning Manager Ayush Gupta will be discussing this issue among others at the event. Other topics of discussion at the workshop will include:

  • Barriers in blockchain adoption
  • An overview of Matic Network
  • Developer initiatives at Matic Network
  • Deployment of dApps on Matic Network

To be able to understand what the speakers will be offering at the workshop, it would be better to have an idea of the topics to be covered there.

Barriers in Blockchain Adoption

Major problems that dApps face in achieving mass adoption in the Blockchain ecosystem include low transaction throughput, high transaction fees, poor scalability and usability, and limited interoperability.

What is Matic Network

Matic Network is the provider of scalable, secure, and instant Ethereum transactions. It strives to build a decentralized platform using Plasma side chains and a Proof-of-Stake network to solve the scalability and usability issues in dApps. On the other hand, it uses a ​Block Producer layer to produce the blocks that solve the problem of low transaction throughput.

Developer Initiatives at Matic Network

In an effort to support its existing developers’ community and add new ones, Matic Network has launched several large-scale developer initiatives, including Build-n-Earn, Matic Layer 2 Security Hackathon, Devfolio College Hackathons, Devfolio Month-long Hackathons, Accelerators & Incubators, Hackerone Bug Bounty Program, and Developer Support Program.

Deployment of dApps on Matic

Matic Network aims to build a global dApps ecosystem to reach mass adoption while removing hurdles in the Blockchain performance. With its decentralized platform, Matic Network enables dApps to support a large number of users without any issue.

Barry Kirkland

Barry Kirkland has joined CryptoMoonPress as a full-time reporter for latest cryptocurrency news and updates. He has five years of experience in writing and trading in forex and cryptocuurency markets. he has written number of articles about blockchain and crypto world. Currently, he curates valuable informations on price analysis and trade alerts for cryptos.

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