Think outside the block! Co-Founder @SPYCE_5 + @build5tech. Adv. to @iota. HybridChains💜 Tweeting about scaling infrastructure & real world blockchain adoption
May 19, 2022 • 7 tweets • 2 min read
No, that's not it. Look at the state of blockchain ATM. Most now aim to scale through L2 bc L1 just sucks for most. In addition they reduce the # of validators (Solana is extreme here, but you see it also at Eth2.0, BSC etc.), 1/7
(CC @vprokopev_AI )
2/7 to achieve speed. (Fewer validators can form a consensus quicker.) Also a blockchain is a linear list of tx in a block. If one conflicts you have to reroll the good ones as well. #IOTA essentially says: you don't need a serial list, but 1) we see a way how tx can be executed
Nov 30, 2021 • 12 tweets • 7 min read
Initially, #IOTA was designed with the IoT in mind - lightweight, highly scalable, no transaction fees, parallel transactions, no miners.
Turns out this is also a great technical basis for every other scenario as well.
Since 17/18 a lot of things have happened:
The project is one of the most ambitious in the whole DLT space. The aim is so high that some don't believe it's possible: "scam" "garbage" etc. And 18/19 was a valley of despair. There were technical misconceptions and unnecessary dirty laundry.
