Some social context: https://x.com/lastmjs/status/1766471613594083348 ICP has a number of crucial weaknesses that I believe work together to help inhibit it from achieving the vision of an unbounded scalable virtual machine, blockchain singularity, infinite scalability, or any other form of saying …

This radical idea, as far as I understand, would take away the one critical differentator that ICP has against everyone else. All on-chain for ICP is basically the same as 21M for Bitcoin. Offloading computation to 3rd parties will take away our fundamental lead that nobody else is even trying to so…

[image] Jdcv97: If I’ve understood correctly, this would fundamentally affect the added value of the IC, as where does the ownership of your data stand? Wouldn’t this make IC the same as Flux, Akash, and all those other projects that lack on-chain computing or storage capabilities? The data t…

[image] lastmjs: This is the kind of radical idea I’ve been hoping for. The benefits would be enormous, solving for the instruction and memory limit it seems. Maybe, to some extent. But keep in mind that computation would still need to be deterministic. So it would still likely imply Wasm cod…

I’m not sure it’s really “third parties”, though I suppose that could be the case. The replicas will, if honest, obtain the data and hash its contents, and place those hashes into the blocks for consensus. The replicas will store that data if they want or discard it, they’ll always keep the state a…

[image] free: But if there was some way to know that all (or most) replicas already have some piece of content, all they would have to agree on is its “content ID” (i.e. hash). So there would be less data to gossip in this tiny time window. And the actual payload could have taken arbitrarily lon…

[image] lastmjs: ICP already isn’t “on-chain” in many ways that other blockchains are. It’s more “on-node” or “on-replica”, and only the most recent agreed-upon info. I need to disagree here. ICP is the only blockchain that offers an end-to-end on-chain smart contract experience. The UI is …

I suppose a definition of on-chain might help, as I love many of your points, but I feel I might be referring to properties that other communities would consider necessary to even be a blockchain. For example on Bitcoin block data can be retrieved always and forever from full nodes (is my understan…

Also on-chain sounds like it has similar security to other blockchains like Bitcoin or Ethereum, and I am yet to be convinced that ICP has anywhere near the resilience of the other blockchains. Is a 13 node blockchain really a blockchain? I mean the underlying data structures would technically say …

[image] lastmjs: Could this be the case? Could the host replica just decide to interrupt a canister method during execution? I imagine this might have undefined behavior around global state as other messages come passing through possibly updating the state. This would be an interesting avenue…

Let's solve these crucial protocol weaknesses

Developers

lastmjs March 12, 2024, 1:51pm 54

I have started a new thread to discuss Hashed Block Payloads: Hashed Block Payloads

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Let's solve these crucial protocol weaknesses

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