Technically, Plasma is an EVM-compatible blockchain, meaning it can easily run Ethereum-style smart contracts while maintaining superior speed through its PlasmaBFT consensus mechanism. A unique feature of its security model is its integration with Bitcoin. Plasma periodically anchors its state to the Bitcoin blockchain, effectively borrowing the security of the world’s most robust network to protect its own transactions. This "hybrid" approach offers the programmability of Ethereum with the finality and trust of a Bitcoin-backed system.
