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PLASMA IMPLEMENTATION
HAS HAPPENED
MATTER
25K TPS
On the Ethereum blockchain with a cost of 1 cent
Explore our plasma implementation
Speed
25k transactions per second are 1500x faster than Ethereum main net and finally fast enough to host stable coins with a high rate of exchange.
Cost
One cent per transaction is cheap enough for micropayments. Note: the price in USD depends on the Ethereum exchange rate. Here we refer to the cost of 1ETH equal to 500$.
Security
Our solution provides the same security guarantees as parent blockchain.
Stability
Plasma is immune to the 51% attack since the one central node produces blocks. The central node is not interested in fraudulent activity because if anyone validates the fact of fraud, the central node will lose its security deposit.
Side Chain
Unrestricted assets and value transfer between Plasma and parent blockchain. You can transfer coins and tokens inside plasma. Plasma also perfectly fits as a core of decentralized exchange platform.
Confidential transactions
With our next plasma release, you'll be able to conceal transaction amount. That feature is missing on the Ethereum mainnet.
Plasma protocol
At the moment Bitcoin and Ethereum are at the stage of implementation of scaling solutions that should tremendously increase the speed and bandwidth of the blockchain network as well as significantly reduce the cost of single transactions. There are three main complementary types of such technologies Sharding, Side Chains, and Payment Channels.

Vitalik Buterin and Joseph Poon originally described the idea of side chain solutions for Ethereum network called Plasma in the whitepaper. Important to notice that plasma is suitable not only for the Ethereum, it is also can work on any blockchain that supports Turing complete smart contracts for example EOS, NEO, RootStock, etc.

We are proud to announce that our company is ready to release one of the first production - ready implementations of Plasma protocol that we have created being in tight contact with the Ethereum Foundation and BANKEX Foundation.
MATTER's Whitepaper
Besides plasma implementation itself which is enforced by modern cryptography features, our area of interest touches ecosystem around the plasma and in particular:
• Decentralized exchange platform
• Tokenization of redeemable assets
• Blockchain friendly KYC procedures

Our vision and way of monetization and further steps that we are going to do are described in our eleven pages whitepaper and short form in the single page explainer.
TEAM
Head of Development
VP Product Management
12+ years in software development
Blockchain developer experienced in Frontend, Backend and Embedded Systems.
blockchain enthusiast and curious learner
Co-founder and Consultant of I-LINK Consulting
Solution Architect
Artem Vorobev
14+ years experienced CFO in telecom industry
Establishing corporate structures. Startups launch. Operational financial processes launch. M&A and structuring
Establish companies for cryptocurrencies operations in different jurisdictions
Master's in finance, New Economic School
CFO
Evgeniy Zagoruyko
Our team consists of experienced developers, researches and cryptographers. We are patient about open-source and like to participate in hackathons.
Last year our proof of concept solutions took prizes in all the ETH hackathons where we were participating.
These are ETHWaterello, ETHDenver, ETHBerlin and ETHSanFranciso.
10+ years experience as a technical director
PhD in Physics and Mathematics
Experience in Machine Learning, Natural language processing
Extensive blockchain background including smart-contracts and DApps
VP Software Development
Denis Khoruzhiy
10+ years experience in software development
Evernote, Intel, Mail.Ru Group
Experience in building architecture of secure browser with its own distributed encryption system, mobile apps for banks, security audit.
Head of mobile development at FxPro
MSc in Solid-State Physics
Petr Korolev
Crypto enthusiast and blockchain developer 5+ years in software development
Has written Plasma from scratch and speed up it to 25k TPS
PhD in electrical engineering, McGill University, Canada
Hobby: write heavy crypto and zkSNARKs for mobile devices
Take prize on ETH Berlin with zkSNARKs gadget lib project
Head of Research
Alexander Vlasov
Founder at iD EAST one of the leading fintech software developers in Eastern Europe.
10 years in business.
150 apps released for tens millions of customers
10 years experience in banking legal practice (structured finance, M&A) LLM (finance)
CEO
Vitaly Dubinin
Pioneer of commercial software development in Eastern Europe
30+ years experience in IT
Co-founder & CEO at Aport!, one of the first search engines
10+ years in Luxoft — the largest in Eastern Europe software outsourcing company
PhD in Mathematics
Sergey Korolev
9+ years in Software Development
iD EAST, Project Director, PM Yandex Browser Mobile,
Head of Mobile at Sberbank Technology
Product Director at BANKEX
Bachelor in Radiophisycs
Sasha Morozov
VP Risk Management
Petr Korolev
Head of Development
10+ years experience in software development (Evernote, Intel, Mail.Ru Group)
Experience in building architecture of secure browser with its own distributed encryption system, mobile apps for banks, security audit.
Head of mobile development at FxPro
MSc in Solid-State Physics
Alexander Vlasov
Head of Research
Crypto enthusiast and blockchain developer
5+ years in software development
Has written Plasma from scratch and speed up it to 25k TPS
PhD in electrical engineering, McGill University, Canada
Hobby: write heavy crypto and zkSNARKs for mobile devices
Denis Khoruzhiy
VP Software Development
10+ years experience as a technical director
PhD in Physics and Mathematics
Experience in Machine Learning, Natural language processing
Extensive blockchain background including smart-contracts and DApps
Artem Vorobev
Solution Architect
12+ years in software development
Blockchain developer experienced in Frontend, Backend and Embedded Systems.
Blockchain enthusiast and curious learner
Co-founder and Consultant of
I-LINK Consulting
Vitaly Dubinin
CEO
Founder at iD EAST one of the leading fintech software developers in Eastern Europe.
10 years in business.
150 apps released for tens millions of customers
10 years experience in banking legal practice (structured finance, M&A)
LLM (finance)
Sergey Korolev
VP Risk Management
Pioneer of commercial software development in Eastern Europe
30+ years experience in IT
Co-founder & CEO at Aport!, one of the first search engines
10+ years in Luxoft — the largest in Eastern Europe software outsourcing company
PhD in Mathematics
Sasha Morozov
VP Product Management
9+ years in Software Development
iD EAST, Project Director, PM Yandex Browser Mobile,
Head of Mobile at Sberbank Technology
Product Director at BANKEX
Bachelor in Radiophisycs
Evgeniy Zagoruyko
CFO
14+ years experienced CFO in telecom industry
Establishing corporate structures. Startups launch. Operational financial processes launch. M&A and structuring
Establish companies for cryptocurrencies operations in different jurisdictions
Master's in finance, New Economic School

Our team is spread around the world. The best way to contact us is via E-mail.
© 2018 All Right Reserved. Matter Inc.
[email protected]