Coinbase makes little known cryptocurrencies better

in #coinbase5 years ago

Coinbase would soon be announcing the incorporation of new assets, such as Matic Network (MATIC) and with that it increased by 60% just 24 hours after the announcement and has a volume of 100 million dollars.

Matic Network is a layer 2 solution that, through sidechain, achieves the security of the assets used, and also uses a decentralized network of Proof-Of-Stake validators.

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image source: https://coinrevolution.com/es/coinbase-custodia-introduce-nuevas-operaciones-de-criptomoneda-de-almacenamiento-en-fr%C3%ADo/

The token encourages the validators that are in the MATIC network, its value derives from the demand for network resources, at the moment only two DApps work in the Matic network.

Among the other tokens that are being explored are Decred, Dash and Algorand.