What is Plasma?

Originally proposed by Vitalik Buterin and Joseph Poon, Plasma is a Layer 2 (L2) scaling framework that allows for the creation of "child chains" anchored to a "parent" blockchain (like Ethereum or, more recently, Bitcoin).

Think of it as a hub-and-spoke model:

The Parent Chain: Acts as the "supreme court." It doesn't process every transaction but settles disputes and holds the final security proof.

The Child Chain: Handles the heavy lifting. It processes thousands of transactions per second (TPS) off-chain, periodically reporting only a condensed "summary" (a Merkle root) to the parent. #Write2Earn #Write2Earn! $USDC $XPL #Plasma