The release of Plasma Cash sidechain testnet for Etherum Scalability

The release of Plasma Cash sidechain testnet for Etherum Scalability

The Coinbase Ventures and the UC Berkeley’s House Fund have declared the launch Plasma Cash on Ethereum’s Rinkeby testnet and sidechain. The CEO of Elph stated, “Backed by the security of Ethereum via Plasma, all transactions first occur on Elph’s network, are periodically consolidated into batches, and then recorded as a single transaction on Ethereum.”

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