November 1, 2023
The paper presents a radical rethinking of how blockchains could work by separating out the various functions of a distributed ledger into distinct 'application layers'. The main focus is on optimizing the way users query the network for data. By doing so, the authors aim to minimize the total resources required to run the main blockchain.
The paper acknowledges that it may not be suitable for readers looking for a quick and easy read. It utilizes complex terminology and Greek mathematical characters to explain the proposed concept in detail.
One of the key benefits of separating functions in a blockchain is the reduction in resource requirements. By dividing the distributed ledger into distinct application layers, the authors aim to streamline the querying process for users. This separation allows for more efficient utilization of resources, ultimately leading to a more optimized blockchain.
The paper presents a radical approach to blockchain design by separating out the various functions into distinct application layers. By doing so, the authors aim to minimize resource requirements and improve the overall efficiency of the blockchain. While the content may be complex, it offers valuable insights into the potential future of blockchain technology.