Ethereum founder Vitalik Buterin spoke at the Ethereum community EthCC conference in Paris on Friday
For Ethereum, the second largest Blockchain in the world, it offered a scaling solution for Plasma, a system of smart contracts to increase computing potential.
The scaling solution created last year by co-creator of Buterin and Bitcoin Lightning Network, Joseph Poon, is one of the many developmental processes aimed at increasing the capacity of the Ethereum, especially by creating a layer of intelligent contracts that can interact with the main Blockchain.
The current prototype requires all users to download and validate each intelligent contract in the Plasma system. Buterin explains: "The main benefit here is that the amount of data that customers have to deal with is very small."
Vitalik Buterin wants to speed up operations by solving problems
Rather than downgrade the entire Plasma history, users can create plasma money by depositing money into the contract. Therefore, instead of downloading and verifying everything, users will be able to easily track the tokens they create in that system. Buterin continued his words as follows:
Users now only have to verify the availability of the Plasma Chain and the specific indices to which they want to spend, or the specific index of the tokens they have.
Buterin ve geliştiriciler Dan Robinson ve Karl Floersch tarafından yaratılan fikir, henüz teste tabi tutulmadı. Bununla birlikte, Buterin’e göre, bu küçültülmüş sistem ile kripto para borsalarının büyük ölçekli hacker saldırılarına karşı korumada önemli rol üstlenebilir. Buterin bu konuda şunları söyledi:
I hope no one loses money in the next billions of dollars of hacking written by an incompetent developer.
Rather than dealing directly with user funds, the view order book can provide functionality and can guarantee losses with Plasma contracts.
This discovery can help speed up scaling efforts when it is under pressure to keep pace with the needs of expanding users.
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