@Plasma #plasma $XPL

Plasma is a decentralized, privacy-focused computing network. Think of it as a decentralized alternative to cloud services like AWS, but designed to be private, secure, and community-powered.

Its native cryptocurrency, XPL, is the fuel and governance token of this ecosystem. It has three core functions:

1. Payments: Users spend XPL to access the network's computing resources—like private virtual machines (dVMs), storage, and APIs. Developers earn XPL for providing these services.

2. Incentives: The network rewards participants with XPL for contributing their idle computing resources (like spare PC power), helping to secure the blockchain (staking), and performing critical work tasks.

3. Governance: XPL holders can vote on proposals to decide the future development and parameters of the Plasma network, making it community-governed.

The project's unique focus is on "confidential computing," aiming to keep data encrypted even while being processed, not just at rest or in transit. This makes it particularly interesting for applications handling sensitive data.