THE EDGE BLOCKCHAIN: A NEW PARADIGM SHIFT
Crypto has only experienced two true paradigm shifts.
First came with bitcoin in 2009. After many failed attempts, the introduction of btc created something radical. A way that which value can be transferred over the Internet without Government interference. Trust shifted from fin. Institutions to individuals/computers.
Second shift was in 2015, ETH in 2015 transformed blockchains from single-purpose ledgers into programmable platforms. Blockchains were no longer just about money, they became an execution layer for application.
Both shifts required a fundamental rethinking of how we see blockchains. Although, progress has continued in consensus improvement, VM became faster, new programming languages, Optimized networking. Blockchain got better but no different, no matter how fast and elegant the became it operates under the assumption set more than a decade ago.
This is changing now. With the Emergency of The edge blockchain by @0xMiden crypto/web3 is withnessing a new paradigm shift.
Edge Blockchain invert the traditional blockchain model, instead of sending transactions to a global network to be executed and stored by everyone, execution happens at the edge ( by users - client side) while the networks role is reduced to verification and settlement not computation.
This single shift resolves the core failure of traditional blockchain.
- Execution bloat dissappear.
- State bloat is minimzed.
- Privacy becomes native.
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https://t.co/DWGST1Rfqp
Alyssa has spent nearly a decade building Lightning from the inside.
She contributed to LND, LNDK for BOLT 12, and TEOS as a @spiral_xyz grantee and at @voltage_cloud.
She's joining Utexo to help advance the RGB Lightning stack for USDT on Bitcoin.
Welcome, @mehmehturtle!
Alyssa has spent nearly a decade building Lightning from the inside.
She contributed to LND, LNDK for BOLT 12, and TEOS as a @spiral_xyz grantee and at @voltage_cloud.
She's joining Utexo to help advance the RGB Lightning stack for USDT on Bitcoin.
Welcome, @mehmehturtle!
Hundreds of new followers in a few days.
Welcome to the RGB community!
One question for the newcomers: where did you first hear about @RGB_Bitcoin?
A post, a campaign, a quest, a friend?
The more precise you are, the better!
If you're still doubting how serious @0xMiden is about mainnet, well-dont.
Just stumbled upon an article on walnut's blog covering their Q3 work with miden, there's actually alot going on behind the scene.
They are actually making it easier for devs to build:
- debug Miden contracts in Rust
- test and inspect transactions
- check the code behind contracts
- find and manage packages
- build and experiment through the miden Playground
Looks like they're getting everything ready.
https://t.co/7UbnpMj5oy