PLASMA
Plasma is a proposed framework for incentivized and enforced execution of smart contracts which is scalable to a significant amount of state updates per second (potentially billions) enabling the blockchain to be able to represent a significant amount of decentralized financial applications worldwide. These smart contracts are incentivized to continue operation autonomously via network transaction fees, which is ultimately reliant upon the underlying blockchain (e.g. Ethereum) to enforce transac... tional state transitions. They propose a method for decentralized autonomous applications to scale to process not only financial activity, but also construct economic incentives for globally persistent data services, which may produce an alternative to centralized server farms. Plasma is composed of two key parts of the design: Reframing all blockchain computation into a set of MapReduce functions, and an optional method to do Proof-of-Stake token bonding on top of existing blockchains with the understanding that the Nakamoto Consensus incentives discourage block withholding.
PLASMA
Social Links:
Industry:
Blockchain Financial Services FinTech Smart Contracts
Website Url:
http://www.plasma.io
Status:
Active
Technology used in webpage:
Cloudflare CDN Cloudflare Hosting Cloudflare Cloudflare Network Error Logging IPv6 Cloudflare DNS
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Official Site Inspections
http://www.plasma.io Semrush global rank: 14.05 M Semrush visits lastest month: 86
- Host name: 172.67.192.122
- IP address: 172.67.192.122
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago
More informations about "Plasma"
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Plasma's architecture builds on years of research—we’ve developed a novel, peer-reviewed, and published Nakamoto PoS consensus mechanism that improves throughput by 3x and reduces …See details»
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Jul 9, 2023 When the Plasma paper was published in 2017, a non-profit organization called the Plasma Group claimed to be dedicated to the implementation and research of Plasma. In …See details»
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