Question

What is a plasma chain?

Answer 1

A plasma chain refers to a scaling solution for blockchain networks that aims to increase transaction throughput and efficiency by processing transactions off the main blockchain and then periodically settling the results on the main chain. Plasma chains are designed to help alleviate network congestion and reduce transaction costs on blockchain platforms.

Answer 2

A plasma chain is a scaling solution for blockchain technology that aims to increase transaction throughput and reduce latency by creating a secondary network layer that operates alongside the main blockchain. Plasma chains are designed to help alleviate congestion on the main blockchain network by processing a high volume of transactions off-chain before settling the final state on the main blockchain. This can improve the overall performance and efficiency of decentralized applications that rely on blockchain technology.