Plasma
Plasma is a high-throughput, zero-fee payment platform built on Bitcoin. Leveraging Bitcoin’s security, it enables fee-free USD₮ transfers and supports processing more than 1,000 transactions per second.Plasma introduces a novel Satoshi-style proof-of-stake consensus mechanism and a hybrid UTXO／account architecture, enabling developers to build and execute modular smart contracts. The platform aims to enhance Bitcoin’s utility for payments and decentralized applications through scalable, low-latency solutions.
Overview
Plasma is a high-throughput, zero-fee payment platform built on Bitcoin. Leveraging Bitcoin’s security, it enables fee-free USD₮ transfers and supports processing more than 1,000 transactions per second.Plasma introduces a novel Satoshi-style proof-of-stake consensus mechanism and a hybrid UTXO／account architecture, enabling developers to build and execute modular smart contracts. The platform aims to enhance Bitcoin’s utility for payments and decentralized applications through scalable, low-latency solutions.
- Sector
- # Other
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
3 disclosed rounds- Public sale
50,000,000 USD
- Unknown
24,000,000 USD
- Unknown
3,500,000 USD
Related news
Market updates
Stripe and Plasma partner to develop a multi-currency stablecoin card;XPL rises more than 6%
Stripe and Plasma announced a partnership to develop a multi-currency stablecoin card, supporting multiple fiat currencies and stablecoins, with the service planned to expand to 2027 countries in 100;XPL rose more than in the short term 6%。
USDai and sUSDai expand to Solana，LayerZero OFT the cumulative cross-chain transfer volume exceeds 2000000000 USD
USD.AI announced that USDai and sUSDai have been expanded through LayerZero OFT standard to Solana, enabling cross-chain circulation across multiple supported networks.LayerZero said that the standard's cumulative cross-chain transfer volume has exceeded 2000000000 USD。
People updates
No related people updates.