Matic network enables secure & scalable deposits and withdrawals of the Ethereum based digital assets using the Matic Plasma Side chain implementation and the Proof-of-Stake network. Soon after the launch of its Alpha mainnet network, the Matic Network announced the launch of its Wallet.
The objective of moving the Matic Wallet into the Alpha mainnet is to build an ecosystem for both the developers and the end-users. The integration will also help the users to view and transact using the Ethereum powered mainnet tokens.
Moving the Matic Wallet into the mainnet will enable the users to interact with the Matic sidechains to make faster transactions easily. The Wallet faces the two severe scalability limitations issues and user experience on the Ethereum platform. Moving it to the mainnet will help overcome these limitations and help users operate peacefully. Users can now interact with the scalable dApps that are deployed on the Plasma Sidechains.
In its last update, Matic Wallet introduced a 4-digit PIN service that can be used to secure transactions like sending funds or any DApp actions on the Matic Wallet. The PIN will never be stored in any device, and therefore it offers maximum security of the users’ transactions. The PIN serves as an alternative for Face ID recognition or Touch ID Protections.
In its latest update, Matic Wallet has been moved to the Alpha mainnet, thereby enabling the users to access the Dev Mode settings and the mainnet networks. This integration will help the developers get access to the Matic Wallet interface and the Testnet in one single app.
