Plasma pioneered child chain architecture in 2017, influencing the entire Layer 2 ecosystem.Plasma's customizable child chains can be tailored for DeFi, gaming, or enterprise use cases, unlike rigid rollup solutions.The article highlights Plasma Cash's efficient handling of NFTs using sparse Merkle trees.$XPL powers the ecosystem through staking for validation, earning rewards, and governance voting rights.New wallet integrations, automated exits, and educational resources are addressing past complexity issues.Zero-knowledge proof integration and cross-chain interoperability are planned developments.
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