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> Over Ethereum there are completely automated exchanges (think Nasdaq), lending, escrow, stablecoins, zero-knowledge proof verifiers, games, payments... All o
by dmitriid 4y ago
> Over Ethereum there are completely automated exchanges (think Nasdaq), lending, escrow, stablecoins, zero-knowledge proof verifiers, games, payments...
All of those "oh my god complex things" on Ethereum are a variation of "look up a single number in one account, look up a second number in the other account, add or subtract two numbers".
Even doing a KYC + proper credit check on a client will cripple Ethereum.
> that allow to externalize most of the heavy computation outside the blockchain and delegate to the blockchain the verification of a proof.
So, batching. But with an extremely complex processing that you trust devs implemented correctly.
> Ethereum settles nowadays 200 bitcoin equivalent transactions per second.
No one cares about "equivalent transactions" to be honest. People care about actual things being handled by actual transactions they engage in.