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> -The largest cost is distributed state and the cost writing key-value in global state will be the same for any blockchain Okay but why do it all on the same
by cowtools 4y ago
> -The largest cost is distributed state and the cost writing key-value in global state will be the same for any blockchain
Okay but why do it all on the same ledger? All the different applications fighting for the same bandwidth and paying astronomical fees. At the very least, just fork off for each new application like cheapETH (https://cheapeth.org/ https://cheapeth.org/) or something. Token not needed.
>- Maintaining custom block producers is massive overhead
>- Maintaining custom peer-to-peer network is massive overhead
>- Maintaining custom node software is massive overhead
>- Maintaining custom block explorer is massive overhead
>- Maintaining community and events are massive overhead
>- Maintaining learning material and educating developers is massive overhead
Maintaining DNS is massive overhead, so it wouldn't kill you to put some work in if you intend to make a solid solution to replace it.
Also, documentation and events? Half of what you've listed here is either useless or you also have to do it on etherium anyways so what gives? The only thing you get from etherium is additional bloat. Namecoin works fine and is probably more secure because you don't have to worry about it interacting with "smart" contracts and all sorts of crazy shit.
>The total cost of ownership (TCO) is much lower for a decentralised application on a generic blockchain than creating your own blockchain.
Hell no it isn't, but that's the narrative that "layer 2" cryptocurrency shills will push.