The Matic bake off is an event where developers and projects on the Matic Network come together to showcase their baking skills. The event aims to highlight the diversity and talent within the Matic ecosystem, as well as create a sense of community among developers and users. During the Matic bake off, participants are invited to demonstrate their ability to develop and deploy innovative applications and solutions on the Matic Network. This can include anything from decentralized finance (DeFi) projects to gaming or even social media platforms. The bake off is not only a competition but also a chance for participants to receive feedback from industry experts and establish valuable connections within the Matic community. Participants are encouraged to push the boundaries of what is possible on the Matic Network and showcase their creativity and technical skills.
Design and Artistic Vision: You need to be able to conceive of truly breathtaking showstoppers, like Paul Jagger’s lion loaf from season 6. That takes a certain vision that most regular cooks don’t have.
I ve been thinking about how nearly perfect The Great British Bake Off is in terms of creating a televised competition that nearly everyone can relate to. network docs contribute contracts stakingmanager Validators operating the Plasma chain need to stake Matic tokens on our staking smart contracts deployed on Ethereum.
Participants are encouraged to push the boundaries of what is possible on the Matic Network and showcase their creativity and technical skills. The Matic bake off typically lasts for a set period of time, during which participants work on their projects and prepare for the final submission. At the end of the event, a panel of judges evaluates the projects based on a set of criteria, such as innovation, functionality, and user experience.
anurag-arjun / gist:45e4f0245f018fcb0f3d701e151d3f1a
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| The Matic team has put together a Proof-of-Concept for the Reddit Scaling Bake-Off. We think Matic is the most apt solution for the scaling requirements of Reddit, keeping in mind it’s current and future needs. |
| We believe that the Matic Layer 2 platform is the most complete solution out there in terms of the features and fits right in with what Reddit requires: |
| * Security via Plasma predicates on Ethereum: Reliable exits to Ethereum (Proof-of-Stake based decentralized multi-operator Plasma construction which mitigates mass exit occurrence) |
| * Composability (EVM Support), |
| * Extremely high scalability with each sidechain (multiple sidechains in future, hence suitable for the scale of Reddit) |
| * Ability to add custom smart contract features (via Ethereum Plasma predicates) for future product innovation |
| |
| >***TL;DR:*** *The Matic sidechain processed 3mn transactions over 12 hours with a total gas fees of USD 3.52 as part of the Great Reddit Scaling Bake-Off PoC.* |
| > |
| >The PoC used a few addresses only for the purpose of the demo, and the total throughput with millions of user addresses can go up to 7200 TPS per sidechain. |
| The PoC touches upon various aspects of the solution required – scalability that will need to meet Reddit’s requirements over time (more sub-reddits using Community Points), faster transaction times, inexpensive minting of Community Points, decentralization, accessible developer tooling, use of meta-transactions to pay for gas on behalf of users, open source code, extensibility, ability to exit back to Ethereum, if needed and more. |
| **What is Matic?** |
| Matic Network is a Layer 2 scaling solution for Ethereum that provides hybrid Proof-of-Stake and Plasma-enabled sidechains. We just released version 1 of our mainnet in May 2020 – [https://blog.matic.network/the-matic-network-mainnet-is-now-live/](https://blog.matic.network/the-matic-network-mainnet-is-now-live/). |
| Matic implements an account-based variant of MoreVP ([More Viable Plasma](https://ethresear.ch/t/account-based-plasma-morevp/5480)), with support for custom Plasma [predicates](https://plasma.build/t/predicates-in-matic-plasma/86). The Plasma framework with predicates is used to guarantee the security of assets and specific smart contracts using Plasma predicates, while arbitrary smart contracts are secured by a Proof-of-Stake network, with validators staking Matic tokens on Ethereum. Matic sidechains are essentially EVM-enabled chains and are conducive to ready deployment of Solidity smart contracts, essentially making it an easy tool for Ethereum developers to use it for scaling their dApps/Protocols. |
| **We are submitting the following:** |
| * A live proof-of-concept which demonstrates the scale required for the bakeoff and future requirements |
| * **We did over 3,000,000 (3 million) transactions in our scaling PoC bulk run over a period of \~12 hours (yes that’s 3 mn transactions):** |
| * 1,000,000 point claims (minting & distributing points) |
| * 1,000,000 subscriptions and 1,000,000 burns |
| * 1,000,000 transfers |
| * Proof-of-Concept repo – [https://github.com/maticnetwork/reddit-bakeoff-poc](https://github.com/maticnetwork/reddit-bakeoff-poc) |
| * A detailed explanation of the demo is given here: [https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/README.md](https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/README.md) |
| * The following contracts have been deployed on [Mumbai testnet](https://mumbai-explorer.matic.today/) – |
| * SubredditPoints: [0xc4f93FeF8086c452134B0F15a5AE963ACe6A7748](https://mumbai-explorer.matic.today/address/0xc4f93FeF8086c452134B0F15a5AE963ACe6A7748/transactions) |
| * Distributions: [0xd7ab2634121e7afCE48b2A8Ea5db908869158D3E](https://mumbai-explorer.matic.today/address/0xd7ab2634121e7afCE48b2A8Ea5db908869158D3E/transactions) |
| * Subscriptions: [0x94B8f2A9a36Be215F2D4211DFee523f204f0a897](https://mumbai-explorer.matic.today/address/0x94B8f2A9a36Be215F2D4211DFee523f204f0a897/transactions) |
| * Refer [https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/README.md#workflows](https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/README.md#workflows) for the end-to-end flow of the PoC |
| * User requests a claim from Owner account, and submits the claim to the distributions contract which then (internally) calls Subreddit Points contract to mint tokens. |
| * User can transfer SubredditPoints tokens to another user |
| * User submits subscribe transaction to place a subscription intent, thereby burning some amount of their tokens. |
| * Wiki for more information on the PoC and relevant Matic links can be found here: [https://github.com/maticnetwork/reddit-bakeoff-poc/wiki](https://github.com/maticnetwork/reddit-bakeoff-poc/wiki) |
| * Single user scripts can be found here – [https://github.com/maticnetwork/reddit-bakeoff-poc/tree/develop/scripts](https://github.com/maticnetwork/reddit-bakeoff-poc/tree/develop/scripts) |
| * Single user scripts with meta-transaction support (gas to be paid on behalf of the user) can be found here: |
| * [Gas Station Network](https://www.opengsn.org/): [https://github.com/maticnetwork/reddit-bakeoff-poc/tree/gsn](https://github.com/maticnetwork/reddit-bakeoff-poc/tree/gsn) |
| * Bulk transaction scripts can be found here: [https://github.com/maticnetwork/reddit-bakeoff-poc/tree/reddit\_benchmark](https://github.com/maticnetwork/reddit-bakeoff-poc/tree/reddit_benchmark) |
| * The bulk transaction run of 3 million transactions can be found here |
| * Bulk transaction logs can be found here: [https://drive.google.com/…/1r1X0RNTIpE0w4MY599t9TO8PHvdQXqqz](https://drive.google.com/drive/folders/1r1X0RNTIpE0w4MY599t9TO8PHvdQXqqz) |
| * A previous run of the bulk transactions having 300k transactions can be found here – [https://www.notion.so/maticnetwork/Reddit-PoC-bulk-transaction-script-results-5aac772b3c0b424b93c7700ad53dc30c](https://www.notion.so/maticnetwork/Reddit-PoC-bulk-transaction-script-results-5aac772b3c0b424b93c7700ad53dc30c) |
| * Total cost of the PoC (1 mn transactions each – total 3 mn txs) – \~3.52 US$ at current price |
| * Claim and mint points: \~71 Matic tokens (\~1.4 US$) |
| * Subscribe and burn points: \~52 Matic tokens (\~1.02 US$) |
| * Transfer points: \~56 Matic tokens (\~1.1 US$) |
| * A live mainnet (we just launched in May 2020 after 2+ years of development!) |
| * Very cheap transactions |
| * Atleast \~4000 TPS, but we have gotten around 17,000 TPS while [benchmarking](https://github.com/maticnetwork/monitoring-tools/tree/master/benchmarking) |
| * Block time is \~2 seconds |
| * [Code](https://github.com/maticnetwork), which is already open source – audited by 3 different audit firms |
| * [Documentation](https://docs.matic.network/), including [architecture](https://docs.matic.network/docs/contribute/matic-architecture) |
| * EVM compatible interface – [web3js](https://web3js.readthedocs.io/) and other web3 library support |
| * Standard Solidity support to enable existing smart contracts to be deployed without major rework |
| * EVM compatibility results in support for all Ethereum developer and user tooling |
| * Most wallets such as [Portis](https://docs.portis.io/#/configuration?id=network), [Torus](https://docs.tor.us/torus-wallet/developing-with-torus-wallet/networklist), [Fortmatic](https://docs.fortmatic.com/web3-integration/network-configuration#switch-network-to-custom-node), [Metamask](https://metamask.io/) and others already have support for the Matic mainnet sidechain |
| * Most [libraries](https://docs.matic.network/docs/develop/getting-started) readily usable on Matic |
| * Compatibility with common utilities & toolchains |
| * Third-party permissionless [integrations](https://docs.matic.network/docs/integrate/quickstart) |
| * HSM and hardware wallet support |
| * Account-based [Plasma MoreVP implementation](https://docs.matic.network/docs/contribute/contracts/plasma_contracts/account_based_plasma), with [Plasma predicates](https://docs.matic.network/docs/contribute/contracts/plasma_contracts/predicates) support to enable more expressive, custom fraud proofs, if required |
| * Reddit smart contracts can be modified and appropriate fraud proofs via predicates can be written to ensure changes can be done later |
| * [Decentralization:](https://docs.matic.network/docs/contribute/contracts/stakingmanager) Validators operating the Plasma chain need to stake Matic tokens on our staking smart contracts deployed on Ethereum. They can be slashed in case they resort to adversarial behavior. |
| * [GSN](https://www.opengsn.org/) and [Biconomy](https://biconomy.io/) support for meta-transactions (Reddit can pay gas fees on behalf of their users) |
| * [Fast exits/withdrawals](https://blog.matic.network/faster-plasma-exits-with-nuo/) from Ethereum to Matic via our tokenized NFT/ERC721 exit mechanism |
| * [https://medium.com/matic-network/enabling-faster-plasma-exits-3ca5a936f215](https://medium.com/matic-network/enabling-faster-plasma-exits-3ca5a936f215) |
| * [https://github.com/maticnetwork/reddit-bakeoff-poc/wiki/Withdraw:-How-to-exit-from-Matic-chain](https://github.com/maticnetwork/reddit-bakeoff-poc/wiki/Withdraw:-How-to-exit-from-Matic-chain) |
| * Fully functional [Blockchain explorer](https://explorer.matic.network/) |
| * Tokens can be withdrawn to Ethereum in case the Matic sidechain goes down by way of our [Plasma MoreVP](https://ethresear.ch/t/account-based-plasma-morevp/5480) mechanism |
| * Plasma contracts have been audited by a leading audit firm |
| * Inexpensive minting on Matic directly |
| * Early on, we got requests from a lot of ERC721-based collectibles related games on the need to support minting on Matic directly. We already have support for minting of ERC721s on Matic via our MintableERC721 predicate – [https://github.com/maticnetwork/…/MintableERC721Predicate.sol](https://github.com/maticnetwork/contracts/blob/develop/contracts/root/predicates/MintableERC721Predicate.sol). |
| * We have created a similar predicate for MintableERC20– [https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/contracts/root/predicate/MintableERC20Predicate.sol](https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/contracts/root/predicate/MintableERC20Predicate.sol). This means that Reddit will be able to mint tokens directly on Matic first, and all subsequent actions occur on the Matic sidechain, including mint, transfer, subscribe and burn. |
| * As and when users do want to exit to Ethereum, they can do so via the [MintableERC20](https://github.com/maticnetwork/reddit-bakeoff-poc/blob/develop/contracts/root/predicate/MintableERC20Predicate.sol) predicate. Once they exit to Ethereum, the exited token amount is burned on the Matic sidechain and correspondingly minted on the mapped Ethereum Subreddit ERC20 token contract. The only requirement here is that the Ethereum and Matic ERC20 token contracts be mapped in advance once in the Matic Plasma contracts on Ethereum. |
| * We are also releasing an ERC20 exchange contract and a NFT marketplace contract and frontend to enable trade of ERC20 and ERC721 tokens. This will allow trading of tokens to happen directly on Matic. Other third-party decentralized exchanges and marketplaces are also expected to come up on Matic shortly. |
| * We are also onboarding fiat-to-crypto off-ramps on Matic this next month for users to buy crypto directly on Matic. Exchange support will be added soon for deposits and withdrawals of Matic and other ERC20 tokens directly to Matic mainnet. |
| * All this will ensure easy trading/exchange/transfer of ERC20 tokens such as MOON/BRICKS and others from Matic itself in the future. |
| More details on the submission can be found on our blog post on this: [https://blog.matic.network/matic-goes-to-the-great-reddit-scaling-bakeoff/](https://blog.matic.network/matic-goes-to-the-great-reddit-scaling-bakeoff/). |
| Looking forward to what's in store! |
Winners of the bake off are often rewarded with prizes, including funding, mentorship, and support to further develop their projects. This not only provides motivation for participants but also helps to foster a culture of innovation and entrepreneurship within the Matic ecosystem. Overall, the Matic bake off is an exciting event that brings together the brightest minds in the Matic community to showcase their skills, network with other participants, and push the boundaries of what is possible on the Matic Network. It serves as a reminder of the overwhelming potential of blockchain technology and the value it can bring to various industries..
Reviews for "The Social Aspect of Matic Bake Offs: Creating Bonds Through Baking"
1. John Doe - 2 stars - I was really disappointed with the "Matic bake off". The contestants lacked creativity and the recipes were predictable. It seemed like they were just following the same old formulas with no innovative twists. Additionally, the presentation of the dishes was lackluster and unappetizing. Overall, I found the show to be dull and lacking the excitement and inspiration that I was hoping for.
2. Emily Smith - 1 star - "Matic bake off" was a complete letdown. The host seemed disinterested and the judges lacked enthusiasm. The challenges were repetitive and didn't test the contestants' skills or creativity enough. The editing of the show was also poor, with too much time wasted on unnecessary drama rather than focusing on the actual baking process. I would not recommend this show to any baking enthusiasts.
3. Sarah Thompson - 2 stars - As someone who loves baking, I was really looking forward to "Matic bake off". Unfortunately, it fell short of my expectations. The format of the show was confusing and poorly executed. The judges' feedback was vague and unhelpful, and it was difficult to understand their reasoning behind their decisions. The pacing of the show was also off, with moments that dragged on and others that were rushed. Overall, I found the show to be frustrating and lacking in the quality I was hoping for.
4. Michael Johnson - 1 star - I cannot understand why "Matic bake off" has such a large following. The challenges are unoriginal, and the contestants lack the true baking talent that you would expect from a baking competition show. The host and judges seem more interested in creating drama than actually critiquing the bakes. I found myself losing interest in the show as it went on, and was ultimately left feeling unsatisfied with the lack of skill and innovation displayed by the contestants.
5. Samantha Green - 2 stars - "Matic bake off" failed to captivate and inspire me as a viewer. The challenges were repetitive and did not push the boundaries of baking. The judges' critiques lacked depth and it often seemed like they were favoring certain contestants. The show also lacked the suspense and excitement that you would expect from a baking competition. I was ultimately left disappointed and would not recommend "Matic bake off" to anyone looking for a thrilling baking show.