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blockchain

Plasma

An early Ethereum scaling solution that creates child chains anchored to the main chain.

Definition

An early Ethereum scaling solution that creates child chains anchored to the main chain. It was proposed by Vitalik Buterin and Joseph Poon in 2017 but was largely superseded by rollups because of data availability issues. Polygon (formerly Matic) started as a Plasma implementation before evolving.

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Related Terms

Layer 2

A secondary network built on top of a Layer 1 to improve scalability.

Rollup

A Layer 2 scaling solution that bundles many transactions together before posting them to the main chain.

Sidechain

A separate blockchain connected to a main chain through a two-way bridge.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

ERC-4337

The Ethereum standard for account abstraction without changing the core protocol.

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