The Matrix Effect procedural texture produces a pattern similar to the digital effect seen in the Matrix movies (figure 1).
Figure 1: The Matrix Effect texture applied to a Diffuse materialUsed for dull, non-reflecting materials or mesh emitters.
Time - Provides control over animating the texture effect.
Text Color - Controls the color of the text effect.
UVW Transform - Positions, scales, and rotates the surface texture.
Projection - Sets how the texture projects onto the surface.