This morning, 11am, I was sitting at the bread shop at the alley 3/2, district 10, opened MetaMask to buy a meme NFT on Polygon. Fee 0.0003 ETH – less than 5k VND. I laughed: "Actually, this is the crypto I need."
I'm not a pro, just a guy who often swaps USDC for ETH, stakes a bit to earn rewards. But every time I do it, I have to calculate the gas fee, wait 2 minutes, pray not to get front-run. The Ethereum mainnet is like the streets of Saigon during rush hour: crowded, slow, expensive fees.
Plasma appears as a new path – wide, airy, with fees as cheap as it gets. It's not a "super fast" network to boast about, but a network for the average person, where money moves like breath, naturally, without force.
The "Annoying Postage Stamp" of Other Blockchains
I remember the first time I bought USDT on Uniswap:
Step 1: Buy ETH to pay for gas.
Step 2: Swap ETH for USDT.
Step 3: Wait 3 minutes, fee 200k.
Nonsense! I bought digital dollars, why do I need to buy additional "postage stamps" (ETH) to send? Other networks like Solana are fast, but often congested, and fees skyrocket. Avalanche is cheap, but not compatible with Ethereum, and you have to learn again.
Plasma solves it by making USDT the main language. You buy USDT, send USDT, swap USDT – no stamps needed. The Paymaster mechanism (the fee payer) takes care of all the gas. I tried: sending 100 USDT to you in Hanoi – 1 second, fee 0. Like ZaloPay, but global, safe.
Speed Like Habit – Not "Super Car"
PlasmaBFT sounds technical, but it's easy to understand: it confirms blocks in just 2 seconds, processing thousands of small transactions in a flash. It's not about boasting 100k TPS, but instantaneous completion for payments.
Reth EVM (Rust engine): compatible with Ethereum, but faster. Devs write in Solidity, deploy immediately – no need to learn anew. I tried deploying a simple pool: 15 seconds, fee 1k VND.
Bitcoin + EVM: Two Worlds Combined
Plasma is not only fast – it is secured by Bitcoin. pBTC (synthetic Bitcoin) circulates on the network, used as collateral for DeFi. You borrow 1 ETH with pBTC – as safe as gold, as flexible as Ethereum.
Plasma One: virtual/physical cards, cashback, payment connections. I envision: buying goods with pBTC, receiving change in USDT, no fees, no waiting.
The Future: Money Like Breath
Plasma does not promise to moon the price. It promises money to move naturally. I’m not worried about gas or slowness – just send, receive, use.
Conclusion: Plasma is the track for digital money – smooth, cheap, safe. I use it daily, and you should try it too.
The information in the article is for reference only and is not investment advice. @Plasma #Plasma $XPL
