“The cryptocurrency market has never had a shortage of attention. New systems emerge every day, with promises of faster speeds, lower fees, and revolutionary functionality, to name a few. What tends to be left by the wayside in these announcements is an important question: can such systems truly support functionality in a real-world setting? This appears to be a path that @undefined is choosing to take in a different way.”
Rather than competing solely on shallow fronts, it seems as if Plasma is interested in building a system in which longevity and integrity matter. This is a huge consideration as blockchains progress beyond the experimentation phase and into mainstream adoption. With scaling, the infrastructure is tasked with handling a greater number of transactions and an increasing need for a reliable environment.
The Plasma framework’s design ethos is in many ways representative of the understanding of these challenges. In this sense, one might say that it is designed at the level of the ecosystem to facilitate long-term use, as opposed to focusing on peak throughput. This way of thinking is crucial for achieving the integration of BOLT into actual economic systems rather than being relegated to the realm of theory.
The role of
$XPL acknowledges such vision. The token plays its role in regard to the functional reality of the network, rather than just being a speculative vehicle. Where value is tied to usage, much healthier dynamics emerge in the ecosystem, the creation of value is now tied to participation.
Even if this does not always provide a market that is abuzz with activities, at least it ensures a far greater degree of harmony between the user community and developers vis-à-vis the market itself. This, in the long run, helps in ways to ensure the development of more sustainable markets, more so in those markets that are considered volatile.
Another interesting thing about Plasma is that it places a strong emphasis on a smooth user experience. This is what a successful blockchain needs, because advocates with a passion for innovation rather than mere optimisation are what a blockchain needs to thrive. This emphasis that Plasma places on a strong foundational architecture might be a sign that they recognize that.
Plasma is also related to a bigger conversation related to sustainable architecture on blockchain technology. Many blockchain networks are struggling with congestion, inefficiency, or scalability if their user base exceeds a certain number. These are more easily preventable by using a preventive design methodology, as it appears to be with Plasma’s infrastructure-focused philosophy.
The attractive thing about this strategy is that it wants to stretch out on its own terms. This is highly uncommon in the industry in which the story is constantly changing. But there’s no denying the fact that shows that focus on the timescale have a much higher survival rate.
In other words, what @undefined represents and what
@Plasma embodies is a philosophy of construction and then letting adoption happen. Whether one observes from a development, a participant, or a long-term observer perspective, what @XPL does differently and what makes
#plasma increasingly pertinent in a shifting landscape of blockchain technology has to do with a concern with longevity.
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