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Yuyue 🚢💹🧲|Jan 21, 2025 09:58
Plume Blockchain Official announces progress on its mainnet——
In previous tweets, it was mentioned that the two most important elements for the RWA track, and the mainnet launch of @ Lumenetworks showed me that it is very in line with the principle of "having traditional financial and physical resources to support core business"
The problem to be solved is: can these existing blockchain architecture designs be used with confidence by traditional institutions to safeguard trillions of dollars in RWA?
For example, Ethereum.
The security guarantee of Ethereum. What about traditional asset management institutions that offer pledged ETH worth approximately $120 billion? Institutions like BlackRock and Fidelity typically manage assets exceeding $20 trillion. From a conventional and less technical perspective, using hundreds of billions to guarantee tens of trillions is a data comparison that everyone understands
So the L1 architecture goal of Plume is to put real-world assets on the chain, delegate responsibilities and create a self-management system by utilizing the incentive mechanism of the crypto economy, thereby ensuring more assets than the native crypto system. This main network and blockchain structure design makes me think it is more reasonable
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