➡️System Like Small Children
Its main idea is based on "Child Chains". Imagine Ethereum as a large office (Main Chain) where there is a lot of work. What does Plasma do? It creates small cabins (Child Chains) so that all the small tasks can be done there and the main office doesn't get overloaded. Speed Issue: Since not all transactions happen on the main Ethereum network, it is very fast. You don't have to wait for hours to see when the transaction will be confirmed. Cheap Deal: Ethereum's gas fees can sometimes drive you crazy. The advantage of Plasma is that transactions here are cheap, which is a big deal for regular users. Security Assurance: Even though the work is happening on the "Child Chain", its final report is always submitted to the Main Chain (Ethereum). This means there is no compromise in terms of security. Did you know this earlier?🥰❣️💲💸
Everyone knows that the people are good if you liked this then do make sure to like it.#stablecoin #Plasma $XPL
