Plasma on Ethereum is a decentralized platform that uses smart contracts to run an electronic peer-to-peer exchange. The platform is designed to be scalable and secure, and to allow for the creation of new financial instruments and applications.
Plasma is built on top of the Ethereum blockchain, and uses the same underlying technology.
NOTE: WARNING: Plasma on Ethereum is an experimental scaling technology that is still in the research and development phase. It is not yet ready for production use and may contain bugs, errors, or other issues that could result in financial losses. Use at your own risk.
Plasma is intended to be used by financial institutions, businesses, and individual users. The platform provides a way for these entities to conduct transactions without the need for a third party.
Plasma is also intended to be used as a way to issue new digital assets, such as bonds and other securities.
The Plasma platform is still in development, and is not yet available for use. However, the team behind the project is actively working on it, and it is expected to launch in the near future.
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Plasma is a proposed framework for scaling decentralized applications on the Ethereum network. Plasma is intended to improve upon Ethereum’s scalability by allowing users to transact on a “child” blockchain that is linked to the “main” Ethereum blockchain. This would theoretically allow for a much larger number of transactions to be processed than is currently possible on the Ethereum network.
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