When you buy coffee with using a credit card, it happens instantly if. connection is in good maner. But sending cryptocurrency can take minutes. And cost you real money in gas fees.
You have probably heard that blockchains are slow. Blockchain technology faces a major problem: it's slow and expensive. Every transaction needs to be processed by the network.
What Plasma Actually Does
@Plasma is a framework that runing top of existing blockchains like $Ethereum . Think of it as building smaller blockchains that connect to a main blockchain.The main chain acts as a security anchor. The smaller chain handle most of work.
@Plasma uses economic incentives to keep operators honest. Node operators earn rewards for running network correctly.
If someone tries to cheat, anyone can submit fraud proof. The main blockchain then penalizes the bad consumer definetely.This creates a system where honesty is profitable.
Plasma increases transaction capacity. Instead of recording every transaction on the main chain, only summary data gets stored.
Lower transaction fees make mini transactions practical. Applications that were too expensive become viable.
I think faster processing means better user experiences no more waiting for confirmations.
At last Icansay honestly @Plasma $XPL is perfect and it plays a good role among with other blockchain but @Plasma just smarter and introducing marvelous updates for users .
