⛓️Plasma

Plasma chains are essentially smaller, faster blockchains running parallel to the Ethereum mainnet. They process transactions off-chain and periodically submit proofs to the mainnet for finality and security. The benefits of Plasma include:

• High Throughput : Plasma chains can handle a large volume of transactions with minimal latency.

• Low Fees : Transactions on Plasma chains are cheaper due to reduced on-chain interaction.

• Security : Periodic submission of proofs to the Ethereum mainnet ensures that Plasma chains inherit the security properties of Ethereum.