RATE Group | Plasma Group Terminates Ethereum Scalability Research Citing Matureness
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Plasma Group Terminates Ethereum Scalability Research Citing Matureness

10 Jan Plasma Group Terminates Ethereum Scalability Research Citing Matureness

Posted at 18:50h in Ethereum News by

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Plasma Group Terminates Ethereum Scalability Research Citing Matureness January 10, 2020 January 10, 2020 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY

Plasma Group, the non-profit research institution, revealed in a blog post that it would stop doing research on Ethereum scalability.

The company has decided to donate the leftover funds to Gitcoin as it identified financing of public goods as the next major dispute.

Plasma Group was established in January 2019 with the objective carrying out research on Ethereum scalability solutions based on Plasma technology.

The firm was funded by several institutions including the Ethereum Foundation, Matic Network, ConsenSys, OmiseGo and Gitcoin.

The not for profit organization utilized the funds to carry on research to address pragmatic hurdles of second layer scaling platforms.

The group recognized many of its accomplishments as crucial, including Plasma Cashflow adoption, rolling out comprehensive Plasma parameters and minting Optimistic…

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