Plasma (Scalability) (sep 12, 2017 – may 24, 2018)

Description:

Extension for Ethereum.

https://medium.com/chain-cloud-company-blog/plasma-in-10-minutes-c856da94e339

https://hackernoon.com/the-beginners-guide-to-ethereum-s-2020-roadmap-2ac5d2dd4881

Similar to Bitcoin, Ethereum has a scaling problem with rising smart contract fees that slow down transaction times, especially during ICOs. Plasma is an update which fixes the scaling issues with Ethereum. This is done in collaboration between Vitalik Buterin and Joseph Poon from the Lightning Network. (Picture crypto’s Kanye and Jay-Z working on a new album together.)