PLASMIUM will utilize the highest level of scalability and reliability by working on blockchain technology

About Platforms

PLASMIUM will avail of the highest levels of scalability and reliability by working on a third generation blockchain technology that will be used on a large scale and across many industries and domains. The PLASMA Chain will process large transaction numbers per second at scale and will also historical data which will guarantee the transaction reliability. The PLASMA Chain that will be based upon the Murion Protocol algorithm of PLASMIUM, is for the intention of performing a multiple of simultaneous verifications whilst conducting tests on the directions and validate the transactions at the same time. Each node will be able to process all transactions which are broadcast to the PLASMIUM network and will offer the highest transactions processing speeds available.

Blockchain technologies provide a way to agree and maintain consensus across every node and without any central authority. This technology has issues, however, such as not enough real time transactions and not a good ability to scale as needed. Even with consensus algorithms have been integrated in platforms which allow it, large platforms like Ethereum and Bitcoin are still synchronizing one block at a time. This creates a slow confirmation time, which is one of the primary concerns that stop blockchain technology from being applied across many different industries.

Platforms which use smart contract have began to emerge but the most widely used is still public distributed ledgers. In order to fix these issues, a new model has been developed which his based on DBN (Dynamic Bayesian Network). PLASMIUM is a new DBN based platform ran through smart contracts which will act to solve scalability issues on public distributed ledger technologies. This platform will distinguish from the competitors by employed improved DBN based pro-tools.

The PLASMIUM platform is adopting a new protocol known as the MURION PROTOCOL in order to maintain its consensus and will be later integrated into the PLASMA chain. This will allow for built-up applications to be added to the PLASMA chain to enjoy instant transactions and near-zero transaction costs across the board. PLASMIUM has the mission of providing compatibility across all transaction bodies globally. This will create an ecosystem to facilitate real-time transactions and low-cost data sharing.

Platforms vision

PLASMIUM’s vision is to create compatibility across all the transaction bodies globally through the implementation of a fast DBN technology which can deploy at any scale in real time. It will also make new infrastructure with a high level of reliability which can be used on large scales across any industry. This would include finance, telecommunications, electric vehicle provisions and logistics. The foundation of PLASMIUM is created alongside a smart contract ecosystem which can be used by any company in the world to facilitate regulated global transactions reliably, and with a high accuracy level. The platform will be open-source which will allow it to be used and changed across the community in order to provide support tools for the creation of decentralised applications (DApps).

features of Plasmium

Near instant confirmation
Unlimited Scalability
Low transaction fees
Over 200k TPS
Smart contract support
Double spend protection

PLASMIUM would guarantee certain platform services where applications were run by an existing platform, such as conversion to a commission free network during maintaining the strengths of the PLASMA Chain ecosystem. The AURORA layer will control the ARC layer and map the processed results. It also evaluates if certain operations for given transactions were accurately recorded and reliable, including within any given transaction story, smart contract, reputation management or reward. It will also verify the operations that were performed and map each event block data.

Token Information:

Token Symbol: PLSM
ICO price: 1 PLSM = 0.01 USD
Start Date August 27, 2018
End Date September 26, 2018

Token Distribution