When it comes to blockchain, most people will immediately think of Ethereum, Solana, or a few other big names. In that context, Plasma appears quite quietly, but it chooses a very different direction. So what makes Plasma different from familiar blockchains, and is this direction reasonable?

Ethereum: 'the blockchain supermarket'

Ethereum is like a comprehensive ecosystem. From DeFi, NFT, GameFi to DAO, there’s everything. The strength of Ethereum is:

  1. Large community

  2. Many real-world applications

  3. High security

But in return, Ethereum:

  1. High fees

  2. Slow speed

  3. Not friendly for small payments

Ethereum is suitable as decentralized financial infrastructure, but not really optimized for daily stablecoin payments.

Solana: fast, cheap, but speculative in nature

Solana is known for:

  1. Very high speed

  2. Cheap fees

  3. Good user experience

However, the current Solana ecosystem is:

  1. Heavily influenced by meme coin

  2. Strong speculative cash flow

  3. Less focused on serious financial use cases

Solana is more like a 'high-speed exchange' than a stable payment infrastructure for businesses.

Plasma: not trying to do everything, just focusing on one thing

The biggest difference of Plasma is:

👉 Plasma does not want to become the second Ethereum or the third Solana

Plasma chooses to:

  1. Almost entirely focused on stablecoins

  2. Aiming for payments, money transfers, and financial infrastructure

  3. Serving fintech, businesses, and everyday users

@Plasma #plasma $XPL