Quan Nguyen
@Quan6888
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If you’re new to the world of decentralization terminologies, and (tired of reading) a jungle of papers. If you're interested in techs. @FantomFDN $Fantom #FTM #Cryptocurency #DLT.
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Current landscape of blockchains. Is there something that is decentralized (permissionless, leaderless) - secure (aBFT) - ultra fast - cheap txn fee?
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@FantomFDN Please upgrade your nodes to go-opera version 1.1.3-rc.5 at your earliest convenience. Another friendly reminder. 🙏.
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If you get lost in a jungle of DLT terminologies and papers, blah blah. Here is a single picture. "L1 in a nutshell". @FantomFDN $Fantom #FTM #Cryptocurency #DLT
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@AndreCronjeTech @theBullishBit @WillyTheDegen FYI if one still does not know. Their algorithm does not sound, and the prototype from the hashgraph repo didn't work at all at the time. Lachesis is unique. Opera code is developed entirely by Fantom. The network has worked for 4+ yrs. It's permissionless, open-sourced.
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Great! Well-explained.
Fantom: Consensus practically explained
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Unpopular opinion:.The current landscape of blockchains, many people prefer:.- high fees.- high TTF.- database rather than blockchain.- outsourcing chain security.- few others.🙈🙉🙊.
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Block generation:.- convention: single validator / miner can propose a block. - Fantom: block is decided by 2/3W+1. No single validator can propose a block. Which is more decentralized? 🤔.
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@Justin_Bons True. - Decentralization is hard: Fantom solved it 4 years ago. No single block proposer. Fantom has solutions for speed in the db layer. - Parallelization is hard in general: Speed up is estimated around 50%?. Worth a try, but no shill. - L2s are not form of parallelization.
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@theotherpomp Thank you very much Simone. We will miss you. Best of luck in all your endeavors. Stay in touch.
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@DB_official_en @RPToriyama A legend. Thank you Akira Toriyama for making the childhood of many of us awesome. May you rest in peace. ❤️.
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@juanaxyz00 It can be a priori by itself. There is a proverb, which says "9 men, 10 ideas". Often, biases exist and can vary. Stay with facts.
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@Leveluptrading @coinmamba @hedera @Leveluptrading Please check section 6.1 in . It's worth a read. FYI. - Their prototype was not working and then it was closed. - Permissionless vs permissioned.
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@avaxavyx @hosseeb @PascalStreit @0xsudogm @avaxavyx FTM does produce blocks. Each node maintains a DAG of event blocks to reach consensus of confirmed events, and it then produces finalized blocks. Please check our latest technical report for details. For stats, please check this explorer:
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@theBullishBit @AndreCronjeTech @WillyTheDegen FYI about the differences, please check section 6.1 Thanks for your interests. Best.
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@OnBlockVC @FantomFDN Hi, guide for running a new node: Please contact our support team for further assistance.
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@ironcurtaiin There was a major network upgrade, end of April '21. Currently serving 600k-800k txns per day. It peaked at 1.8m txns in one day. Stats:
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@ChainLeftist @Kaiwingchun @el33th4xor @ChainLeftist @el33th4xor where is 0.8s coming from? any source.
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@peter_szilagyi @el33th4xor @VitalikButerin We're also looking at the limit of the EVM and disk growth at Fantom chain, too.
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@Leveluptrading @coinmamba @hedera Many differences. Hbar's prototype was not working. It should be clear.
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@hosseeb @PascalStreit @0xsudogm Hi Haseeb, FTM does have gas limit, though it's not in the same way it's defined in Ethereum. PM.
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