Plasma as a Layer-1 Blockchain
A Plasma Layer-1 blockchain typically has these characteristics:
1. High Scalability
Transactions are processed in child chains or side chains
Only essential data or proofs are submitted to the main chain
This allows thousands of TPS (transactions per second)
2. Lower Transaction Fees
Since not every transaction is written to the base layer, costs are much lower
Ideal for payments, gaming, and micro-transactions
3. Security via Main Chain Anchoring
Plasma chains periodically commit their state to the Layer-1
Users can exit to the main chain if something goes wrong (fraud protection)
4. Faster Finality
Transactions confirm quickly on child chains
Final settlement happens on the Layer-1
