Plasma is a scaling solution for Ethereum, allowing for faster and cheaper transactions. It's a framework for creating scalable and secure decentralized applications.
*Key Features:*
- *Scalability*: Handles thousands of transactions per second
- *Security*: Uses Ethereum's security model
- *Off-chain transactions*: Reduces congestion on Ethereum network
Popular Plasma implementations include:
- *OMG Network*
- *Matic Network* (now Polygon)
- *Leap DAO*
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