𝐂𝐚𝐧 𝐚 𝐜𝐡𝐚𝐢𝐧'𝐬 𝐯𝐚𝐥𝐮𝐞 𝐥𝐢𝐯𝐞 𝐢𝐧 𝐜𝐨𝐥𝐝 𝐝𝐚𝐭𝐚 (𝐡𝐢𝐬𝐭𝐨𝐫𝐲) 𝐨𝐯𝐞𝐫 𝐡𝐨𝐭 (𝐥𝐢𝐯𝐞 𝐬𝐭𝐚𝐭𝐞)?
Absolutely @QingTheCreator it can, but let's run through your logic to understand it better. You see storage takes up about 50-80% of smart contract gas.
gBrevis. Quick question.
As much as I love the idea of Brevis it still makes me feel dumb, lol.
It’s like we've been trying to get a heavy-duty computer (the blockchain) to run simple apps cheaply
but now Brevis is saying, "Let me do the hard calculations and I'll just give you a signed receipt proving the answer is right."
My own concern here is that Brevis is a stateless calculator which means it doesn't keep track of any coin or user balances itself.
It just proves that the data it read from an old block on another chain was correct, and that the calculation it ran on that data was also correct.
That being said, If a contract on Chain B can get a trusted proof about a user's entire history on Chain A for practically nothing, why would we ever design a contract to store that history in the first place?
It makes me wonder if a chain's true value will be in its "history data" that coprocessors can prove, rather than its active storage.
I'm just a lil curious how we design contracts when we can trustlessly outsource the impossible math! 🤔
@Apotheolitical Quantitative Finance is the application of Mathematics and Physics to Finance my bro it's more of STEM than Finance, and anyways we don't even have Quant firms in Nigeria
@Rinzmann Na so lmao, wetin we wan use una field do before? Just imagine even in the so called AI era no companies sprung up that's making you guys earn more than us
@Siebenontop Bro pls open ur DMs I can't text you, wanted to ask how I can trade on Tradexyz cus it's not among the list of PerpDexs I can connect on TreadFi