Today, Vitalik Buterin shared a link leading to a description of Plasma Smart Contracts - the new born child of Joseph Poon and Buterin himself
There’s no website for the project yet, however, there’s some essential information about Plasma provided. Thus, according to the report, Plasma is “a proposed framework for incentivized and enforced execution of smart contracts which is scalable to a significant amount of state updates per second (potentially billions) enabling the blockchain to be able to represent a significant amount of decentralized financial applications worldwide”.
Looks like another great project from some of the smartest minds in the space. I recently just invested in their other new project OmiseGo (OMG) which has been going very well.
Article and whitepaper Link
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