🔵 @Plasma (Ethereum Scaling Solution)
🔹 What is @Plasma
@Plasma is a Layer-2 scaling framework built for Ethereum.
It was proposed in 2017 by Vitalik Buterin and Joseph Poon to help Ethereum process more transactions faster and at lower cost.
🔹 Why Was @Plasma Created?
Ethereum sometimes faces
High gas fees 💸
Slow transaction speed 🐢
Network congestion
@Plasma helps reduce this by moving transactions off the main Ethereum chain.🔹 How #PlasmaXPL Works (Simple)
1️⃣ It creates child chains (smaller blockchains).
2️⃣ Most transactions happen on these child chains.
3️⃣ Final results are sent back to Ethereum mainnet.
This makes transactions:
Faster
Cheaper
More scalable
🔹 Is #Plasma Still Used?
#PlasmaXPL was an early scaling idea.
Today, newer Layer-2 solutions like:
Optimistic Rollups
zk-Rollups
are more commonly used.
If you want, I can explain:
What is Layer-2 in crypto
#PlasmaXPL a vs Rollups
How Ethereum reduces gas fees
Best Ethereum scaling projects
Just tell me 👍 DYOR
