Quasar Smart Contract (OMG Foundation)
One of the greatest problems layer-2 blockchain projects are facing has a solution in Quasar Smart Contract. The asset must be transferred from layer 2 to layer 1 within 14 days. To solve the layer-2 blockchain scalability problem, OMG Network uses its Plasma layer-2 scaling solution. It improved the Plasma solution to create Quasar.
The “exit period challenge” is a problem that affects every layer-2 blockchain that employs fraud proofs, including OMG Network, but its Quasar Smart Contract architecture allows for “rapid exit”.