Telegram ecosystem is a hot topic recently. The reason why everyone is optimistic about it is that TG has more than 900 million users. It is expected to develop into a prosperous web3 ecosystem like WeChat applet.
The matrix was recently released, and I think it is an extremely important infrastructure for Telegram to achieve this goal: it is a development toolkit jointly built by Nubit and Tomo that can simplify blockchain integration. It enables developers to develop Web3 applications with the simplicity of building Web2 applications. It can be said that this is a very important step for Telegram to move towards larger-scale applications.
The core task of Web3 now is large-scale application. From the perspective of specific paths, it can be roughly divided into two types. The first is to build web3 applications and then attract web2 users to use them, such as the current socialfi track, Facaster, lens, etc. However, the problem is that the migration cost of users is very high. Issues such as privacy protection and content ownership are indeed very important, but they are not enough to attract a large number of users to migrate, which also leads to the slow growth of users of these applications, which is simply not worth mentioning compared to the number of users of Facebook/Twitter.
The second is to expand the use of web3 in the original application of Web2. In this way, there is no problem of user migration. We have also seen some cases, such as using NFT as tickets, etc. However, the big giants have not taken action. It is not that they do not understand the technology, but that the blockchain has an essential conflict with their existing business model. For example, Facebook pushes targeted advertisements through accurate user portraits. If privacy protection is implemented, then the income will basically be gone.
Telegram is the best breakthrough for large-scale web3. It ranks fourth among global instant messaging applications, second only to WhatsApp, WeChat and Facebook Messenger, with 900 million users. Telegram emphasizes user privacy and provides features such as end-to-end encryption for encrypted chats, anonymous accounts and large groups, so it is born with the genes of blockchain and has the ton public chain. We are optimistic about the future of Telagram and believe that there will be not only tap-to-earn such as Notcoin and dogs on Telegram, but also prosperous web3 applications like WeChat applets.
The launch of The Matrix can be said to be a move made at the right time, in the right place, and with the right people. At the moment when web3 is breaking through the large-scale application, blockchain infrastructure is mature, and Telegram ecosystem is being widely used. It can help developers greatly reduce the complexity of blockchain integration and attract a large number of traditional web2 developers to join. It can be said to be the foundation of the foundation.
The Matrix core has 6 modules: Unified Wallet (Tomo Telegram SDK), Minichains, Universal Bridge, Nubit DA, Decentralized Toolkit (DeKit) and Minichain-as-a-Service (MaaS).
Unified wallet
A unified wallet is to use one wallet to access multiple networks. With Tomo Telegram SDK, users can log in using common Web2 methods, such as Google, Apple, Facebook, X (Twitter), GitHub, and Discord. It also supports multiple blockchains. The main features are:
Comprehensive support: covering multiple mainstream blockchain networks including Bitcoin, Solana, Ethereum, and Ton.
Non-custodial design: Users have full control over their assets, ensuring the highest level of security.
Social login: supports login via multiple social media accounts such as Google, Apple, Facebook, etc., greatly reducing the usage threshold.
Fiat currency deposit and withdrawal: Integrate fiat currency recharge and withdrawal functions to simplify the fund management process.
Universal Bridge
Since multiple chains are supported, a universal bridge is also necessary. In order to provide efficient and secure cross-chain transactions within the Matrix ecosystem and solve the asynchronous problem in traditional cross-chain communication. Core functions:
Synchronous messaging: A shared ordering protocol is used to achieve atomic transactions between multiple chains.
Cross-chain gas fees: Support seamless payment of transaction fees between different mini-chains.
Data consistency: Leverage Nubit DA to ensure data consistency across the ecosystem.
Mini Chain
Minichains are specialized blockchains tailored for specific application needs, designed to ensure optimal performance and security within the Matrix ecosystem. These minichains provide a flexible, scalable, and independent environment for a variety of decentralized applications (dApps), while relying on major Layer 1 networks such as Ethereum and Bitcoin for settlement. By allowing developers to customize minichains according to application needs, minichains ensure efficient use of resources, minimize redundancy, and improve performance. This modular approach not only enhances security by isolating the blockchain of each application, but also simplifies the upgrade and maintenance process. As more and more minichains are deployed, they build a powerful and interconnected ecosystem within Telegram, each chain optimized for its specific use case, thereby promoting innovative and specialized dApp development.
Nubit DA (Data Availability)
As blockchain networks expand, data management becomes critical. Nubit DA is the core pillar of data availability within Matrix, providing a scalable and trustless layer for all mini-chains. The system consists of:
Validator: Responsible for proposing and validating blocks.
Full storage node: ensures reliable storage of data.
Light client: Verify data availability through sampling.
Decentralization Kit (DeKit)
Decentralization Kit (DeKit) is a toolkit for developers that divides applications into three interconnected components - models, views, and controllers - based on the Model-View-Controller (MVC) architecture. DeKit aims to simplify the integration of decentralized features in Telegram applications, making them easier to use for both Web2 and Web3 developers. The DeKit architecture is particularly suitable for Web2 developers who are familiar with frameworks such as WeChat Mini Programs, helping them to transition to Web3 development more smoothly. DeKit simplifies ledger management, user interface development, and smart contract logic through easy-to-use APIs, helping developers quickly start and expand their mini-chains without worrying about the complexity of the underlying technology.
Minichain-as-a-Service (MaaS)
Minichain-as-a-Service (MaaS) turns blockchain deployment into a task that anyone can accomplish.
• Visual Configuration: Set blockchain parameters through an intuitive interface
• One-stop service: integrates all necessary blockchain infrastructure
• Low-code/no-code: enabling non-technical people to participate in blockchain innovation
The Matrix ecosystem provides Web2 users and developers with a comprehensive, easy-to-use Web3 portal through its innovative components. From a user-friendly unified wallet to a powerful mini-chain deployment platform, Matrix is redefining the accessibility and practicality of blockchain technology, paving the way for the next generation of decentralized applications.