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Scalable Blockchain

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Plasma is a framework for building scalable blockchain applications without sacrificing security. A plasma chain is its own blockchain and can have whatever functionality and consensus mechanism the builder desires. The defining feature and limitation is that all state transitions must be tracked on the root chain (we’re using Ethereum as our root); but r…

Plasma is a framework for building scalable blockchain applications without sacrificing security. A plasma chain is its own blockchain and can have whatever functionality and consensus mechanism the builder desires. The defining feature and limitation is that all state transitions must be tracked on the root chain (we’re using Ethereum as our root); but rather than every individual transaction being submitted to the root chain, many transactions can be squished together and submitted to the root chain as a single state change. Users can exit funds from a plasma chain onto the root chain whenever they want, and need to do so in the event of a malicious child chain to recover their funds.

 
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