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This sounds extremely expensive due to the cost of bitcoin transactions. What ZeroNet is doing seems much more feasible. https://zeronet.io/ https://zeronet.io/
by hanniabu 7y ago
This sounds extremely expensive due to the cost of bitcoin transactions. What ZeroNet is doing seems much more feasible. https://zeronet.io/ https://zeronet.io/
- gill3s 7y agoWe use layer 2 technology, the main idea of woleet is to stamp many hashes (possibly millions of hashes in one bitcoin transaction) our service is running for years and we produce thousands of proofs daily.
- this_was_posted 7y agowhat do you mean with layer 2 technology? If you're talking about the data link layer of the OSI model I am not sure how that applies here..
- Ohn0 7y ago"Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain system." from https://www.binance.vision/glossary/layer-2 https://www.binance.vision/glossary/layer-2
- exdsq 7y agoLayer 2 is essentially an application layer abstracted on top of a blockchain. Among other things it is a way to allow for better scalability.
- hanniabu 7y agoIt basically means off-chain, so I'm not quite sure where the accomplishment is. Sorry for the bluntness, not trying to be an asshole. Open to further explanation.
- Paul-ish 7y agoIf they are using Merkle trees to aggregate pages, they can have many page proofs in one transaction.