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> The “TON Blockchain” will consist of a master chain and 2-to-the-power-of-92 accompanying blockchains > “Infinite Sharding Paradigm” to achieve scalability
by liamzebedee 9y ago
> The “TON Blockchain” will consist of a master chain and 2-to-the-power-of-92 accompanying blockchains
> “Infinite Sharding Paradigm” to achieve scalability
> “Instant Hypercube Routing”
> "it will also use 2-D Distributed Ledgers."
There's no doubt that if you want to make a quick buck, this buzzword-laden series of claims will attract many greater fools. But the ongoing crypto-hubris is unattractive to say the least.
- DennisP 9y agoI wonder whether the hypercube part is related to Vitalik's idea from 2014: https://blog.ethereum.org/2014/10/21/scalability-part-2-hypercubes/ https://blog.ethereum.org/2014/10/21/scalability-part-2-hype...
- wmf 9y agoProbably. TON looks like it is trying to combine all the good-sounding ideas from Bitcoin, Ethereum, Blockstack, Sia/Filecoin, I2P/Tor, etc.
- yyzhero 9y agoHypercube routing seems Similar to hypercast: http://www.comm.utoronto.ca/hypercast/overview.html http://www.comm.utoronto.ca/hypercast/overview.html
- tudorw 9y agoIs it a multi-dimensional database?https://en.wikipedia.org/wiki/Data_cube https://en.wikipedia.org/wiki/Data_cube
- donkeyd 9y ago> How do I know which Crypto to buy into? > Read the Whitepaper. I've seen this interaction so many times now. It's great that people read these whitepapers, but what to they judge them on? They're often a one-sided technical explanation with zero objective information in terms of feasibility in the market. There's one (apparently delayed) ICO planned, for a company that wants people to share their CPU time to train neural networks in exchange for some token. I can hardly believe that a distributed network of laptops in living rooms can be more efficient (and therefore cheaper) at doing this than centralized, purpose built hardware in data centers with efficient cooling systems (like Google's new TPU). And that's even if they figure out how to make this technology work effectively. My colleague, though, was very impressed though, because he heard somebody say that training a neural network takes a lot of time, which is true, depending on the complexity and whether you run it on a €500 Acer laptop or on specialized hardware.
- tudorw 9y agoWhile the economies of scale often offer a discount, there are some possibilities here, power cost increases when demand at a single location increases beyond a certain factor, inherent network capabilities suit a decentralized service, network services can route around censorship and handling heat and safety cost are not linear when resources are centralized. So perhaps switch the laptop for a wall based crypto-heater packed with silicon (see here for the heat output of a gaming pc vs a space heater https://www.pugetsystems.com/labs/articles/Gaming-PC-vs-Space-Heater-Efficiency-511/ https://www.pugetsystems.com/labs/articles/Gaming-PC-vs-Spac...) and there may be some potential there, maybe Elon can throw a battery in there too... It's certainly fascinating that for all the talk about blockchains and ICO's I've read very little about the fact that the internet has been augmented by a distributed cryptographic system available for rent, altcoins that rely more on CPU and memory and therefore discourage GPU and ASIC use might mean the network moves to more general computing power for rent, interesting times as they say.
- jacques_chester 9y agoAltcoins rely on economics. If you're a miner, you invest your fiat in mining coins showing sufficient value and liquidity. If an altcoin rises high enough, ASICs will follow.
- notyourday 9y agoThat's certainly true, except that these are people with boatload of money who, objectively, decided to leave quite a bit of it on a table time and time again. Something that cannot be said about anyone else in this game.