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New Collaboration Between Ethereum-based Network & Coinbase-backed Matic Made to Utilise new tech

 
New Collaboration Between Ethereum-based Network & Coinbase-backed Matic Made to Utilise new tech
Ethereum / Breaking News
  • Sapien has just announced many updates coming to the platform including a new partnership with the initial exchange offering project, Matic Network.
  • Ankit Bhatia said the following in an interview with Cointelegraph.

Sapien, the social network based on Ethereum has just announced many updates coming to the platform including a new partnership with the initial exchange offering project, Matic Network.

The co-founder and CEO of the Sapien Network, Ankit Bhatia said the following in an interview with Cointelegraph.

“After several months of development, we’re launching the next release of our platform, called Alpha Persei… This is a revamped platform across the board.”

Bhatia highlighted the new aspects such as Portis wallet integration and new rewards coming to the engine reconstruction.

Furthermore, it was also announced that a new collaboration with Matic Network (backed by Coinbase) will be going down. Bhatia said the following on the firm:

“We’re using Matic sidechains — they’re a plasma-based proof-of-stake (PoS) chain — to basically power our charging and internal promotions on the platform. So, it will be used instead of the mainnet to send transactions, to send tips, to promote high-quality posts and comments… It will be the infrastructure that we want to build on that’s far more scalable than the mainnet,” he added referring to the platform’s current Ethereum-based network.”

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

 

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