Early blockchain systems tended to have low throughput and correspondingly low bandwidth requirements. The consensus protocol itself was the bottleneck of their performance. For example, the Bitcoin network only generates 1MB blocks every 10 minutes, which is almost negligible in today's broadband network environment. In recent years, with the development and maturity of new-generation blockchains […]
Ladies and gentlemen in the chain, if you subscribe to our daily newspaper, you must already know the concept of economic bandwidth-but have you analyzed the relevant data? If DAI becomes a mainstream currency, what impact will it have on the price of ETH? How much will a protocol like Synthetix drive for ETH? Why […]
The blockchain records the entire world on the same ledger. Each time a new block is dug, the ledger will generate a new state to replace the previous state. The consensus mechanism is designed to ensure that this status is recognized by most people in the community. In a cleverly designed system, the incentive mechanism […]
April 16, 2020
April 16, 2020
April 16, 2020
April 16, 2020