Plasma's Pre-Launch Vault raised $500M in minutes.
Why has a "Tether chain" garnered so much demand?
Because current infrastructure isn't built for payments.
@PlasmaFDN is building the blockchain for digital dollars.
🧵
The Full Plasma report covers much more including its architecture, ecosystem, and the rise of stablecoins.
1/ Stablecoins facilitate massive volume but transactions run on infrastructure designed for smart contracts, not payments.
A true settlement network needs predictable fees, instant finality, and dedicated throughput. This is what Plasma aims to solve.
2/ Plasma is the first blockchain built for stablecoins, aiming to offer:
• Zero-fee USDT transfers to make payments economically viable
• Dedicated infrastructure to ensure predictable performance
• Specialized design for payment flows instead of general computation
3/ How would Zero Fee Transfers work?
Plasma's split-block architecture separates each block into two layers: one for fee-paying smart contracts, another exclusively for USDT transfers that bypass gas entirely.
Both layers validate together but execute separately, so payments don't compete with other DeFi apps for blockspace.
Note: This feature is still under active research and has not yet been implemented.
81.96K
332
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.