My view, of course, every decision as a trade-off, everything i say is controversial
- The main ledger and smart contracts should be separated, everyone smart contract is public, why??
the smart contracts should be run on several specific sidechains.
Why if I buy a crypto kittie everyone as to know and store the transaction for all eternity.
Wait sharding is coming, yes but will reduce the security guarantees.
There are different solutions for that in the works, from sharding to plasma, etc.. and those have their own challenges & tradeoffs (namely in terms of security, etc..)
However engineering decisions 'on genesis' was over 3-4 years ago and at that time doing a blockchain with smart contracts was already challenge on itself. It's not really fair to take the knowledge and lessons from the present day and claim those in the past without that knowledge made horrible decisions. It's a bit like blaming google for not starting angular 1 with the functionality of angular 4, or saying that John Resig should have created Babel and ES7 features instead of creating jQuery.
The whole point of a blockchain is publicly accessible records of the transactions. Why not run your cryptokitties on a private server then? The performance and efficiency would destroy your blockchain version but no one can see what is happening so it can be verified by everyone as true.
elmar|8 years ago
- The main ledger and smart contracts should be separated, everyone smart contract is public, why??
the smart contracts should be run on several specific sidechains. Why if I buy a crypto kittie everyone as to know and store the transaction for all eternity.
Wait sharding is coming, yes but will reduce the security guarantees.
heliumcraft|8 years ago
However engineering decisions 'on genesis' was over 3-4 years ago and at that time doing a blockchain with smart contracts was already challenge on itself. It's not really fair to take the knowledge and lessons from the present day and claim those in the past without that knowledge made horrible decisions. It's a bit like blaming google for not starting angular 1 with the functionality of angular 4, or saying that John Resig should have created Babel and ES7 features instead of creating jQuery.
osteele|8 years ago
You might find Blockstack interesting.
(I don’t have a connection. I’ve just started to explore this space, and have some of those same questions.)
[1] https://blockstack.org/
[2] Jude, “What is the difference between blockstack and Ethereum?”, Blockstack forum, March ‘17. https://forum.blockstack.org/t/what-is-the-difference-betwee...
[3] Alid Castano, “What is the difference between Blockstack and Ethereum?”, Sept. 13 ‘17. https://www.quora.com/What-is-the-difference-between-Blockst...
[4] Alid Castano, “Why I’m betting on Blockstack to save the decentralized internet”, Sept. 12 ‘17. https://medium.com/@alidcastano/why-im-betting-on-blockstack...
JohnJamesRambo|8 years ago
foepys|8 years ago
This applies to "Solidity", the most commonly used language to write smart contracts for Ethereum. The VM itself is not so bad but also simpler.
heliumcraft|8 years ago
DINKDINK|8 years ago