The implementation of blockchain is increasing at a rapid pace but there is still a big challenge in scalability. The faster the users and applications the lower the speed of the transactions and the higher the cost. Through the use of plasma, this issue is intended to be fixed, allowing to create scalable, efficient blockchain infrastructure without the need to focus on security. Plasma has a child chain and main chain architecture. Most of the transactions are made off-chain by these child chains, enhancing better throughput and reducing the congestion.
This will enable developers to develop fast applications, particularly in DeFi, gaming, and NFTs where speed and low costs are the most important. The ecosystem of Plasma is based on real-life applicability, and Web3 is easier and more user-friendly. Plasma is scalable and efficient and seeks to enable a mass uptake of blockchain technology.
