Octavio Matte hLCW

During the upgrade, the X Layer mainnet will pause block production, and all related services will be temporarily interrupted, including asset deposits and withdrawals related to the OKX exchange and DEX trading services.

The upgrade is expected to last about an hour, after which the mainnet will resume block production. Such technical upgrades are usually aimed at improving network efficiency and security, but may temporarily affect trading activities.

@Plasma #Plasma $XPL

With stablecoins driving over $250 billion in market supply and trillions in monthly transaction volume, Plasma addresses their unique needs through zero-fee USD₮ transfers, customizable gas tokens, support for confidential payments, and unparalleled scalability for global adoption.
@Plasma #Plasma $XPL

#plasma $XPL Plasma uses PlasmaBFT to secure its network, a consensus mechanism based on the Fast HotStuff Byzantine Fault Tolerant (BFT) protocol. HotStuff is a modern consensus method that helps blockchains stay secure even if some participants misbehave, and the Fast version reduces the amount of communication needed between validators.

PlasmaBFT builds on this idea by executing steps like proposing, voting, and confirming blocks in parallel rather than sequentially. This design enhances block production speed and enables transactions to be finalized in seconds, facilitating quicker settlement for Plasma.  

EVM Execution Layer

Plasma’s execution layer runs on Reth, an Ethereum client written in the Rust programming language. While PlasmaBFT manages sequencing and finality, Reth processes transactions, state changes, and Ethereum Virtual Machine (EVM) logic. This makes Plasma fully EVM compatible, enabling developers to use Solidity smart contracts and Ethereum tools seamlessly.

Key Features

Zero-fee USDT transfers

Plasma supports zero-fee USDT transfers through a built-in paymaster system. The paymaster, maintained by the Plasma Foundation, covers gas costs for standard transfer functions, applying simple eligibility checks and rate limits to manage usage

@Plasma #Plasma $XPL

#plasma $XPL Plasma is entering the next phase in redefining how money moves. The vaults are locked, and we are now preparing for the upcoming XPL public sale, which begins on Thursday, July 17, at 9:00 AM ET. We outline below the XPL sale process, but also share an insight into the XPL token and the central role it plays in reshaping the global financial system. @Plasma #Plasma $XPL

Plasma is a layer-1 blockchain developed with a focus on stablecoin payments, aiming to address the growing role of digital dollars in the global economy. While stablecoins have already become one of the dominant applications in crypto, existing networks were not built specifically to meet their demands. @Plasma #Plasma $XPL

Plasma is a layer-1 blockchain developed with a focus on stablecoin payments, aiming to address the growing role of digital dollars in the global economy. While stablecoins have already become one of the dominant applications in crypto, existing networks were not built specifically to meet their demands. @Plasma #Plasma $XPL

Plasma is a layer-1 blockchain developed with a focus on stablecoin payments, aiming to address the growing role of digital dollars in the global economy. While stablecoins have already become one of the dominant applications in crypto, existing networks were not built specifically to meet their demands. @Plasma #Plasma $XPL

Plasma is a layer-1 blockchain developed with a focus on stablecoin payments, aiming to address the growing role of digital dollars in the global economy. While stablecoins have already become one of the dominant applications in crypto, existing networks were not built specifically to meet their demands. @Plasma #Plasma $XPL

Plasma is a layer-1 blockchain developed with a focus on stablecoin payments, aiming to address the growing role of digital dollars in the global economy. While stablecoins have already become one of the dominant applications in crypto, existing networks were not built specifically to meet their demands. @Plasma #Plasma $XPL

Plasma ma szansę na przekształcenie istniejących systemów finansowych, ale jest to bez wątpienia przedsięwzięcie wymagające dużych nakładów kapitałowych. Planujemy wykorzystać XPL, aby wzmocnić efekty sieci Plasma, nie tylko w ekosystemach związanych z kryptowalutami, ale także w tradycyjnych finansach i rynkach kapitałowych. @Plasma #Plasma $XPL

XPL Coin is building the future of fast, secure, and scalable blockchain solutions. The journey starts now. 🚀#Plasma

Powering innovation with speed and trust — XPL Coin is here to redefine digital transactions. 💎$XPL
@Plasma

XPL Coin is building the future of fast, secure, and scalable blockchain solutions. The journey starts now. 🚀#Plasma

Powering innovation with speed and trust — XPL Coin is here to redefine digital transactions. 💎$XPL
@Plasma