OmiseGo releases OMG Network Repo ' Tesuji Plasma'

Recently, OMG Network has released the GitHub repository of very first milestone of its Tesuji project. Tesuji Plasma, a model which is based upon MVP(Minimum Viable Plasma) design, is the basis of the first release of the OMG Network.
 
Tesuji OMG Network's integration with eWallet is aimed to boost the creation of Ether-based tokens, alongwith management and faster transfer of tokens between eWallets and users.
"Tesuji Plasma is built for cheaper, faster transactions without sacrificing safety, with native support for ETH (as opposed to Wrapped Ether) and ERC20 tokens."
 
According to the team, they are yet not prepared to release the solution to the public testnet but any developer who is keen can find instructions and details from the repo, for downloading the child server and watcher, and to play with it.
 
Watcher serves as a tool to observe and regulate the function of Plasma chain and root chain.
Source: omisego network 
 
The team also highlighted that the current version should not be used in a production setting as this version is yet not completed and can not be considered stable.
 
According to the OMG Network, at the begining, the transactions are going to be implemented using Proof of Authority (PoA) model, having OmiseGO as the validator. In the meantime, the development team will work towords- perfecting the Plasma implementation, and other prepration steps to establish Proof of Stake model in the coming time.
 
Tesuji Plasma is already on an internal testnet of OMG Network , and when the development team will consider it to be safe enough it will be released for public testnet.
 
"Work is still very much in progress, so breaking changes should be expected. We wanted to share the progress so far and invite the wider developer community to start getting involved." concluded the official blog.
 
You can visit the released GitHub repository for OmiseGO's Elixir implementation of Plasma, here.