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> Does Locutus have a facility for something like payments? It should be possible to build a cryptocurrency on Locutus, using the arbiter mechanism to prevent
by sanity31415 5y ago
> Does Locutus have a facility for something like payments?
It should be possible to build a cryptocurrency on Locutus, using the arbiter mechanism to prevent double-spending.
> So you have some mechanism for sharding, or are all computations repeated by 100% of the network? Also is there a mechanism for sharding data?
Computations are not replicated across the network. There is a mechanism that serves a similar purpose to sharding but is more "organic".
Peers are assigned locations in the network when they join (a number between 0.0 and 1.0). Contracts also have locations determined from a hash of the contract code itself, and peers store contracts that are close to their location. The more people using a contract the more widely cached it will be, as a form of auto-scaling.
Locutus uses a small-world network to allow contracts to be found very quickly in an entirely decentralized way.