Plasma Halted as Ethereum Seeks Alternative Scaling in zk-SNARKs

Ethereum’s Achilles heel has always been scaling. Since its inception, developers have been researching different ways to scale the blockchain in order to increase network capacity and speed.
Back in August 2017 Ethereum co-founder, Vitalik Buterin, released an initial draft of the Plasma project which provided an off-chain layer 2 scaling solution. By spawning child-chains the work is carried out off the root chain which will alleviate the pressures on it under heavy load (think back to C