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RE: Ethereum’s Plasma — where Speed meets Security

in #cryptocurrency • 7 years ago

Interesting read! Are you saying that DPOS baby chains can be built on top of Bitcoin to help increase tps to 60,000 tps? If so, is anyone working on this? Thanks for the post!

7 years ago in #cryptocurrency by
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     7 years ago 

    On top of Ethereum, yes! To increase tps way beyond 60,000 tps. OmiseGo is using plasma with POS and should be demoing their product soon

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     7 years ago 

    I know they are working on a lightning network, however, I'm not sure if they will be using the same tech/strategy

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     7 years ago 

    Lightning is a simple channel. Plasma is a contract that enables immense scale, and can use channels on top of parallelization

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