4 ms·

> the Ethereum Virtual Machine, humming heart of Web3, is a computer that charges you many dollars to execute a very small program very slowly. So did physical

• _alex_ 5y ago
  onchain smart contract execution is a fundamentally broken concept. Everyone acknowledges this in the move to rollups and other "second layers" that execute offchain and then publish zero-knowledge proofs to the chain.
  • isodev 5y ago
    Which defeats the purpose of the entire effort to involve the blockchain in the first place…
    • capableweb 5y ago
      Why? The core value proposition is still there, be able to do transactions between parties that don't trust each other and prove that double-spending didn't happen.