Plasma is a Layer-1 blockchain that is designed with a single purpose, to become the neutral settlement layer of the stablecoin-driven economy. The security model is anchored on Bitcoin, enabling the operational attributes of such financial infrastructure to be anchored on Bitcoin itself, enhancing censorship resistance as well as neutrality, which are critical qualities of financial infrastructure that need to cross-border and jurisdiction borders and market conditions.
Plasma is not a competitor as a chain of general purposes but as a payment and liquidity-oriented chain. It is EEVL-compatible and fast finality, that is, developers can deploy conventional Ethereum apps with the advantages of infrastructure that is optimised to transfer real-world values. First-mover design choices of the stablecoin make life easier for both average users and institutions and thus, makes Plasma effective in areas with high adoption where stablecoins are already used as digital money.
The target demographic of plasma includes retail users, who require low cost and dependable payments and institutions that develop settlements, lending, and financial primitives scalably. Focusing on unbiasedness, utility, and reliability of the stablecoins, Plasma does not focus on itself as an experiment, but as rails on which the next stage of on-chain finance is built.
