Learn more about crypto with this collection
How to create and sell NFTs
The future of NFTs
The benefits and drawbacks of NFTs
Cardano chose, instead, to improve on the UTXO model enough that dApps themselves could make these tradeoffs between independent operation and centralization. The eUTXO model that Cardano led the research on introduces three new primitives for smart contracts: The datum, the redeemer, and the validator.
2
7 reads
MORE IDEAS ON THIS
If many people need to access this global state, and that state is stored in the datum of a single UTXO, it creates a race among users to be the first to spend that UTXO. Each time someone wins that race, it resets everyone else back to square one: they have to find the new UTXO, construct a new ...
2
7 reads
Many people have pointed out that Cardano’s choice of eUTXO can create issues when porting protocols. This is certainly true; we alluded to this in our whitepaper many months ago. Similarly Lars Brünjes, the Di...
2
14 reads
The difference between these two can be analogized to the difference between the cash in your pocket and the balance in your bank account.
Access to global information, such as price, is trivial in these models. However, there are a lot of downstream negative side effects of this choice.
2
9 reads
Today, there appear to be two categories of solutions to this problem: either design your protocol to tolerate segmentation of your state, or aggregate interactions with that state.
2
5 reads
We’ve chosen a solution that differs from those above; Very soon we will be ready to pull back the curtain and reveal how it works. Given the nature of the recent discussion, we want to do so with receipts, and are currently preparing load tests to demonstrate exactly how well our scaling solutio...
2
5 reads
CURATED FROM
IDEAS CURATED BY
Related collections
Other curated ideas on this topic:
It is critical to point out that internal software platforms are not buckets of independent shared services. Instead, the platform approach is based on the balanced correlation between transversal solutions that share a common goal, thus introducing a new architectural style. Under the precepts o...
Fractals are structures that are neither two-dimensional nor three-dimensional but are instead some fractional value in between. In mathematics, fractals emerge as beautiful patterns that repeat themselves infinetely, generating what is seemingly impossible: a structure that has a finite area, bu...
How do you measure productivity? If you are running on very little sleep and trying to complete as many tasks as possible in as short a time as possible, you may be missing out on the benefits of silence. In an article by
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates