Let me chime in a bit. Coinweb is a decentralized architecture, no questions about it.
02 Jun 2022, 06:04
Let me chime in a bit. Coinweb is a decentralized architecture, no questions about it. When we're at mainnet, anyone can run Coinweb. Whether a particular Coinweb installation runs on AWS or in your basement doesn't matter.
We have made it so that Coinweb requires less installations to be secure. Coinweb is as secure when decentralized with 10 nodes as a layer 1 is with 1500 nodes.
The reason for this is that the proof system that a Coinweb client implements is very powerful and is able to distinguish between a honest and dishonest Coinweb node without blindly trusting a consensus system.
When constructing a traditional layer 1, you need a lot of decentralization because there is a decision to be made all the time - who gets to include data into the blockchain, and you don't want a party to for example be able to censor data. Also, most layer 1 systems rely on a single "root hash" that represents the result of all smart contract execution and you want enough validators to check that the computations were done correctly.
In Coinweb, we have extended the proof mechanism so that instead of requiring a high degree of decentralization to trust that the root hash (i.e. the layer 1 computation), the Coinweb clients can themselves figure out whether they are fed BS or the correct result, as long as a single honest Coinweb node is reachable in the network.
Because Coinweb is a fairly complex system, the deployment target is Kubernetes which is a system for managing containerized workloads across a cluster of machines.
Thus compared to a traditional layer 1, there will likely be fewer Coinweb installations. As mentioned, this does not make Coinweb less decentralized, but it makes it possible to do more computation for less cost as the total compute power in the network is less duplicated.
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02 Jun 2022, 06:14
📢$MMG has officially started brand upgrade and the official website domain has been upgraded to
🚩Twitter has been upgraded to @MMG_GameFi.
⏲In the future, $MMG will focus on #GameFi and #Metaverse, exploring the possibility of GameFi in Web3 era.
Check out the latest tweet on Twitter:
$MMG has officially started brand upgrade and the official website domain has been upgraded to .
📢$MMG has officially started brand upgrade and the official website domain has been upgraded to https://www.mmggamefi.com.
🚩Twitter has been upgraded to @MMG_GameFi.
⏲In the future, $MMG will focus on #GameFi and #Metaverse, exploring the possibility of GameFi in Web3 era.
Check out the latest tweet on Twitter: https://twitter.com/MMG_GameFi/status/1532243322643030016