撸毛小学生

#Plasma The core value brought to the cryptocurrency market is filling the missing key puzzle piece between digital assets and digital cash. If we compare the cryptocurrency world to an emerging financial nation, then Bitcoin is the vault for storing gold, Ethereum is a glass city full of innovation, and @Plasma is the first highway specifically built for currency circulation.
Previously, the cryptocurrency market had a huge gap: we have trillions of dollars worth of stablecoins, yet not a single payment network truly suitable for their circulation. Existing public chains are either slow, expensive, or complex, resulting in stablecoins being more locked in exchanges as trading pairs or lying in wallets waiting for appreciation, rarely being used like real cash for daily transactions, payroll, or cross-border remittances. It's like having created the lightest paper currency in the world that can never truly be spent.

#Plasma Chinese Ranking Activity Phase One obtained 1477 $XPL , worth 120U. The first move is to increase liquidity for the project, and you can also earn trading points, which is delightful.
The main value brought to the blockchain market is to fill the most critical gap between cryptographic technology and the financial demands of the real world. Currently, although blockchain has created new asset classes and financial paradigms, it has shortcomings in the most fundamental function of currency circulation—stablecoins, as 'digital dollars,' have a payment experience far from the level of traditional electronic payments, which severely restricts the large-scale popularization and practical value of blockchain technology.

@Plasma The project is too generous, the first phase rewards 1477 $XPL , I also need to study this project carefully.
#Plasma The core contribution that can be brought to the blockchain market is to fill a critical infrastructure gap: a “currency circulation layer” truly optimized for large-scale, high-frequency payment scenarios. Although the current blockchain market has established a prosperous value storage (Bitcoin) and a programmable financial ecosystem (Ethereum, etc.), there are still shortcomings in the most basic “currency payment” function. It is a professional tool designed to solve this problem, which will profoundly change the market in the following three aspects:

The core value that Plasma can bring to the crypto market is 'bridging the last mile of stablecoin applications', thus injecting broader growth space and practical foundations into the entire industry. Specifically, it empowers the crypto market from three key levels:
1. Upgrade stablecoins from 'trading assets' to 'utility currency', opening up a trillion-level new market.
Currently, the main application scenarios for stablecoins are concentrated in centralized exchanges (CEX) as trading mediums, and in DeFi as yield-bearing assets or collateral for loans. Its potential as a 'payment tool' is severely suppressed by high fees, slow speeds, and complex operations. Plasma, through sub-second finality, zero (or very low) fees, and a disruptive experience of paying costs with stablecoins themselves, allows stablecoins to match or even surpass traditional electronic payment tools like Alipay and Venmo in user experience for the first time. This will unlock a vast number of small, high-frequency payment scenarios, such as online shopping, cross-border remittances, content tipping, in-game purchases, etc., transforming the 'currency narrative' of stablecoins from theory into reality, and introducing immeasurable incremental users and real use cases to the entire crypto market.

Plasma can bring to traditional financial markets a more efficient, inclusive, and resilient 'next-generation payment and settlement infrastructure.' It is not aiming to disrupt the existing banking system, but rather to provide a complementary new option based on globally open protocols, primarily bringing about transformation in the following three areas:
1. Significantly reduce the cost and time of cross-border payments, enhancing inclusive finance.
Traditional cross-border remittances rely on intermediaries like SWIFT, usually taking 1-5 business days, with high fees (especially for small remittances) and opaque processes. Plasma leverages the characteristics of blockchain's peer-to-peer settlement, combined with its sub-second finality and extremely low (or even zero) transaction fees, to achieve near real-time, cost-near-zero cross-border value transfers. This will greatly benefit overseas workers remitting in emerging markets, international trade settlements for small and medium-sized enterprises, and personal cross-border consumption, truly promoting the inclusivity of financial services.

Plasma brings a ‘payment-specific layer’ aimed at large-scale adoption to the blockchain market, attempting to fundamentally bridge the critical gap between cryptographic technology and the daily financial needs of the real world.
Currently, general public chains represented by Ethereum have built a prosperous decentralized finance (DeFi) and innovative application ecosystem, but their original design intention was not optimized for high-frequency, small-amount, low-cost payment scenarios. This has led to stablecoins—an asset class most likely to become global digital cash—being trapped in an environment unsuitable for payments: slow transaction confirmations (from minutes to hours), high fees with extreme volatility, and the necessity to hold and manage another volatile asset (like ETH) to pay for fees. This user experience severely hinders the widespread adoption of stablecoins in retail payments, cross-border remittances, corporate settlements, and other areas.

Walrus brings to the current blockchain market a profound paradigm supplement and scenario closure regarding "digital sovereignty". After Bitcoin established decentralized value storage and Ethereum pioneered a transparent programmable ecosystem, the market faces an increasingly prominent contradiction: we both desire the openness and efficiency of blockchain, yet painfully endure the dual costs of "excessive transparency" and "centralized control" in the process of our data and financial activities becoming increasingly digital.
Walrus directly addresses this core pain point, with its contributions mainly reflected in two aspects:

Let's break it down and talk about it, and you'll understand that WAL (and the Walrus protocol behind it) and Bitcoin, Ethereum are fundamentally not in the same category of "players"; the three of them solve completely different problems.
Bitcoin is "digital gold." Its mission is super pure: when money is used, and it's the kind that doesn't rely on any bank, the ultimate hard currency that can't be taken away by anyone. You buy Bitcoin mainly because you believe it can maintain its value long-term, or to conduct large-value, censorship-resistant transfers. It's like the gold bars stored in your basement, with a single function but a solid status.

We can understand the relationship between Bitcoin, Ethereum, and Dusk like this: they are like three different styles of 'banks' or 'financial systems' in the digital world.
1. Bitcoin: The original 'underground vault'
It is like the gold reserve of the digital world. Its core function is super simple yet super important: to securely store value (like gold bars), and allow anyone to transfer that value directly from person to person without the need for any traditional bank approval. It is extremely secure (protected by global computational power), decentralized, but has a single function - you cannot use it to open complex savings accounts, get loans, or issue stocks. It is the ultimate tool for value storage and transfer.

We can understand the relationship between Plasma, Bitcoin, and Ethereum as somewhat similar to the different components of a modern transportation system:
Bitcoin is like a vault in the deep mountains and a primitive gold transport team. Its core value can be summed up in two words: 'store' and 'transmit.' It uses the heaviest but also the safest method (massive computational mining) to ensure that your 'digital gold' (Bitcoin) cannot be stolen by anyone and can be directly sent point-to-point to anyone in the world without going through banks. However, it only does this; it's slow and costly, making it unsuitable for everyday small payments.

Let's be clear: Bitcoin, Ethereum, and VANRY are like three completely different uses of 'money' in the digital world.
Bitcoin is like the old gold bars that your mom tells you to keep safe. It doesn't do anything else; its core task is to be 'valuable and untouchable.' You buy it mainly because you believe it can hold its value in the long term or for some large transfer. It doesn't care what you do with it; it is the ultimate goal in itself.
Ethereum, more like your mobile phone bill + the reinforced concrete for building houses. It supports the entire 'blockchain internet.' If you want to play DeFi, buy NFTs, or do something with smart contracts, you have to burn ETH as fuel (Gas). Its value lies in the fact that everyone has to use it because the entire ecosystem is built on it. It's like a toll for infrastructure.