RATE Group | Plasma Group to Halt Ethereum Scalability Research, Says It Reached Maturity
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Plasma Group to Halt Ethereum Scalability Research, Says It Reached Maturity

10 Jan Plasma Group to Halt Ethereum Scalability Research, Says It Reached Maturity

Posted at 12:41h in Ethereum News by

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The non-profit research organization Plasma Group announced in a Jan. 9 blog post that it would cease studying Ethereum scalability. Identifying funding of public goods as the next key challenge, it pledged to donate its remaining funds to Gitcoin.

Plasma Group was founded in Jan. 2019 with the goal of pushing research toward Ethereum scalability solutions based on Plasma technology. It received funding from a variety of organizations including the Ethereum Foundation, ConsenSys, OmiseGo, Matic Network and Gitcoin.

The non-profit used this money to conduct research into solving practical obstacles for layer-two scaling solutions. The team identified several of its achievements as key, including creating Plasma Cashflow implementations, releasing a generalized Plasma specification and coining Optimistic Rollup. 

These served primarily to make Plasma sidechains into fully-fledged blockchains supporting smart contracts, as opposed to just limited money transfer capabilities.

After one…

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