1/ new piece on the tradeoffs of cross-chain communication: ls.mirror.xyz/5FM0KUurAEkN7y…2/ it's becoming clearer everyday that we're headed to a multi-chain world
building the connective tissue between chains represents huge opportunity for those ready to facilitate
Mar 18, 2021 • 22 tweets • 5 min read
there's been a lot of development on state size mgmt in Ethereum.
it doesn't get a ton of attention, but it's
a vital problem to solve for mass adoption (thinking 10 years, 1B users forward)
in the following thread, I'll unpack the problem and current solution space
first, what's the problem?
the Ethereum 'state' consists of all of the data necessary to process a new transaction. you can think of it
as the application state of all smart contracts and all account balances
each node needs to store this data to verify the chain