Topological states of matter such as quantum spin liquids (QSLs) are of great interest because of their remarkable predicted properties including protection of quantum information and the emergence of Majorana fermions. Such QSLs, however, have proven difficult to identify experimentally. The most promising approach is to study their exotic nature via the wave-vector and intensity dependence of their dynamical response in neutron scattering. A major search has centered on iridate materials which are proposed to realize the celebrated Kitaev model on a honeycomb lattice - a prototypical topological QSL system in two dimensions (2D). The difficulties of iridium for neutron measurements have, however, impeded progress significantly. Here we provide experimental evidence that a material based on ruthenium, {\alpha}-RuCl$_3$ realizes the same Kitaev physics but is highly amenable to neutron investigation. Our measurements confirm the requisite strong spin-orbit coupling, and a low temperature magnetic order that matches the predicted phase proximate to the QSL. We also show that stacking faults, inherent to the highly 2D nature of the material, readily explain some puzzling results to date. Measurements of the dynamical response functions, especially at energies and temperatures above that where interlayer effects are manifest, are naturally accounted for in terms of deconfinement physics expected for QSLs. Via a comparison to the recently calculated dynamics from gauge flux excitations and Majorana fermions of the pure Kitaev model we propose {\alpha}-RuCl$_3$ as the prime candidate for experimental realization of fractionalized Kitaev physics.