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【Detective】Technical Audit Report: Insights and Challenges of Plasma from the Reth Architecture
Everyone, today the detective won't tell a story; we will directly break down the technical underpinnings of Plasma (XPL). What we want to see is, when this high-performance architecture is running, who are the real beneficiaries?
⚙️ Technical Testing: Reth and sub-second settlement
Plasma chose Reth (Rust-based Ethereum client) as its execution layer. This is a highly forward-looking technical choice.
* Fact: Reth can provide extremely high data processing efficiency. Plasma achieves sub-second transaction finality through this.
* Detective's Perspective: The technical advantage is certain, but high performance also means 'speed is power.' In the absence of sufficient decentralized verification nodes, this high performance often comes with significant centralization risks. If extreme market fluctuations occur (such as the major unlock on July 28), this system's control is entirely in the hands of the officials and certain market makers.
⚙️ Technical Testing: Reth and sub-second settlement
Plasma chose Reth (Rust-based Ethereum client) as its execution layer. This is a highly forward-looking technical choice.
* Fact: Reth can provide extremely high data processing efficiency. Plasma achieves sub-second transaction finality through this.
* Detective's Perspective: The technical advantage is certain, but high performance also means 'speed is power.' In the absence of sufficient decentralized verification nodes, this high performance often comes with significant centralization risks. If extreme market fluctuations occur (such as the major unlock on July 28), this system's control is entirely in the hands of the officials and certain market makers.
🟢Plasma Founder Paul Faecks Denies Insider Dump Amid XPL’s 50% Plunge📉
📢XPL tumbled nearly 50% this week, sparking rumors of an insider sell-off. Paul Faecks, founder of Plasma, publicly denied any involvement, confirming team tokens are long-term locked for 3 years with a 1-year cliff to prevent dumping.
🔶On-chain data shows some token transfers to exchanges, but the team insists they are not involved. Following the statement, XPL prices have slightly recovered, though the community remains cautious about transparency and future moves.
$XPL #Plasma #PaulFaecks #CryptoCrash #TokenUpdate #TokenLock
📢XPL tumbled nearly 50% this week, sparking rumors of an insider sell-off. Paul Faecks, founder of Plasma, publicly denied any involvement, confirming team tokens are long-term locked for 3 years with a 1-year cliff to prevent dumping.
🔶On-chain data shows some token transfers to exchanges, but the team insists they are not involved. Following the statement, XPL prices have slightly recovered, though the community remains cautious about transparency and future moves.
$XPL #Plasma #PaulFaecks #CryptoCrash #TokenUpdate #TokenLock
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