Bitcoin Forum
August 23, 2019, 05:06:00 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-03-10] Vitalik Reveals New Idea for Plasma Scaling On Ethereum  (Read 30 times)
bbc.reporter
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 554



View Profile
March 10, 2018, 12:29:41 AM
 #1

Can someone who is technically knowlegeable about Ethereum make a comment about Plasma? I reckon some of the ideas that come out of Vitalik might really be scams to keep its followers interested. He's been making promises about scaling and anonymity in the platform that might not even be acheived.

It is also funny that the Cryptokitties might be the only project made in Ethereum that is not a scam.

More about Plasma in their whitepaper.

https://plasma.io/



But while the current iteration of the prototype requires all users to download and validate each smart contract in the Plasma system, in his new talk, Buterin described a way to limit this to a handful of data points.

"The main benefit here is that basically the amount of data that clients need to process goes down by a lot," Buterin explained.

Rather than having to download the entire Plasma history, users would be able to instead generate "Plasma coins" by sending a deposit to the contract. As such, instead of downloading and verifying everything, users could simply track the tokens they have created within that system.

"Now users only have to verify the availability and correctness of the Plasma chain only at the specific index that they want to spend, or the specific index of any coins that they own and coins that they care about," Buterin said.


Read the article in full https://www.coindesk.com/vitalik-reveals-new-idea-plasma-scaling-ethereum-event/

..bustadice..         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                    ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
          ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
......Play......
1566579960
Hero Member
*
Offline Offline

Posts: 1566579960

View Profile Personal Message (Offline)

Ignore
1566579960
Reply with quote  #2

1566579960
Report to moderator
1566579960
Hero Member
*
Offline Offline

Posts: 1566579960

View Profile Personal Message (Offline)

Ignore
1566579960
Reply with quote  #2

1566579960
Report to moderator
1566579960
Hero Member
*
Offline Offline

Posts: 1566579960

View Profile Personal Message (Offline)

Ignore
1566579960
Reply with quote  #2

1566579960
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566579960
Hero Member
*
Offline Offline

Posts: 1566579960

View Profile Personal Message (Offline)

Ignore
1566579960
Reply with quote  #2

1566579960
Report to moderator
1566579960
Hero Member
*
Offline Offline

Posts: 1566579960

View Profile Personal Message (Offline)

Ignore
1566579960
Reply with quote  #2

1566579960
Report to moderator
1566579960
Hero Member
*
Offline Offline

Posts: 1566579960

View Profile Personal Message (Offline)

Ignore
1566579960
Reply with quote  #2

1566579960
Report to moderator
Ethan Manson
Newbie
*
Offline Offline

Activity: 73
Merit: 0


View Profile
March 10, 2018, 12:58:07 AM
 #2

I think it's good tech. We will have to see the code in practice to actually see it's true value
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!