Plasma is a modern Layer-1 blockchain built to support stablecoin transfers and global payments efficiently and cheaply. Unlike many blockchains that focus on many different applications, Plasma’s main goal is to enable fast and low-fee transfers of stablecoins like USDT all around the world. It uses a special consensus method called PlasmaBFT to provide secure and high-speed transaction processing while staying compatible with Ethereum smart contracts (EVM compatibility). This means developers can easily build decentralized apps on Plasma using familiar tools.The network uses a custom consensus algorithm called PlasmaBFT, which provides fast transaction finality and high throughput, supporting thousands of transactions per second with secure validation through a Proof‑of‑Stake model. The blockchain is also Ethereum Virtual Machine (EVM) compatible, allowing developers to deploy smart contracts using familiar Ethereum tools like MetaMask, Hardhat, and others without changes. Additionally, Plasma includes a trust‑minimized Bitcoin bridge, enabling Bitcoin users to use BTC in smart contracts and decentralized finance applications.#Plasma @Plasma $XPL #XPL