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RE: Ethereum’s Plasma — where Speed meets Security

in #cryptocurrency6 years ago (edited)

Blockchains in Blockchains
Similar to the Lightning Network, Plasma is a series of contracts which runs on top of a root blockchain (i.e. the Mainnet Ethereum blockchain). The root network contract processes only tiny amount of commitments from child blockchains that are able to do an incredibly large amount of computations in most cases. Commitments are broadcasted periodically to the root blockchain from the child.

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