Learn more about crypto with this collection
How to create and sell NFTs
The future of NFTs
The benefits and drawbacks of NFTs
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 transaction, and submit it.
2
7 reads
MORE IDEAS ON THIS
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
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 val...
2
7 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
Related collections
More like this
There is a delicate balance between working in a familiar way, and breaking out of this to set a better way of working.
Try to do something new without properly testing it with users, and you risk creating a ‘new’ way of working that is unusable because users have no prior experience of it....
"Patience wins in an impatient world. When everyone else is in a hurry and distracted by the latest Tweetstorm, sitting back and merely observing the planet’s slow, arcing trajectory–and noticing it has been unmoved by almost anything that has happened lately–is the supreme advantage, both in ...
To avoid miscommunication, repeat or summarize their words back to them in a form like, “What I’m hearing you say is…” It creates a feedback loop that allows someone to course correct or dial it back.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
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