Wormhole failing is 1 thing

Arbitrum bridge failing is on a whole new level

What about Hydra, I think that's layer 2 but uses a technology like lightning. So it would be the coins themselves, not wrapped

> (re : *<SebasGhost5 | CardanoPunks> What about Hydra,...*) I have too little knowledge of lightning to be honest, need to read up on it some day

> (re : *<SebasGhost5 | CardanoPunks> What about Hydra,...*) What’s your use case worry about current ergo block time on layer 1?

Ergo has a ton of options if/when it needs to scale. Many people don’t understand the power of eUTXO for instance. Ergo did 15,000 outputs in 3 transactions. How do you apply a tps metric to that? There’s also the potential for sub-block confirmations. All kinds of things to do L0/L1 before even having to worry about L2

Faster block times will make it perfect, in my opinion. We're seeing people love speed because of Kaspa. I do love speed to. Hopefully the L2s are the best solution

Feel free to search my @mention's in their discord, I discussed this a while ago there.

otherwise as many here have said, something like Solana or Eth would be sufficient for satisfying people's "need for speed" 😆

That's a great analysis, love that Ergo is Asic resistant. But what about Kaspa algorithm maybe it's secure, but we'll have to see.

What's your Twitter username?

> (re : *<digdug> Kaspa is exploding in no small part b...*) Thanks for your input here dug! Will be interesting to see how things progress

If it's actually secure and comes up with their smart contracts it will solve the trilemma

Im not saying kHeavyHash (Kaspa's algo) isn't secure, it's just easy to dominate with FPGA/ASICs. One Osprey FPGA can churn out what, 18x the hash power of a 2080ti, the best GPU for mining kHeavyHash. That in itself adds a level of centralization. You can verify this by checking out the miners on miningpoolstats. The top 7 miners account for approximately 5% of the entire network's hashrate.

Not trying to detract at all, I'm all for blockchain/DAG progress as long as it remains "true to form" so to speak

You're right, then it doesn't solve the trilemma. Can become centralized easily. That's it's achilles heel

Its good to see new models, its just important to recognize that they come with new problems, its natural. Its better than copy pasta fork that dies after a little while

Ergo is the most descentralized blockchain ever I think, it's amazing

the longer I dabble in the crypto world, the more I come to admire/like Ergo's approach. Fundamentals and first principals, always.

Think now would be a good time for this...

.tps

TPS (Transactions Per Second) is not a useful metric. On Ergo Reference Node v.5, TPS is estimated to be a minimum of 47.5 tx/s. However, transactions can happen in three scaling layers or levels: L0: Ergo Reference Nodes, which can be bootstrapped using NiPoPoWs proofs and UTXO set snapshots. L1: Ergo has extensions that allow for a wide variety of scaling solutions such as Sharding, Hydra, or BitcoinNG-style macroblocks. L2 (off-chain): Ergo should be compatible with the Lightning Network, Rainbow Network, and many more. The implementation here will depend on the needs of the applications being built on Ergo. The general idea is that many transactions can happen in L1 or L2 and these transactions can be bundled and settled on the L0 layer of the Ergo blockchain using a single transaction. Thanks to the high flexibility of the ErgoScript programming model, many different protocols are possible, each one solving a scalability problem in a specific domain (like simple payment transactions). The Ergo blockchain can be thought as common settlement layer for many L1/L2 protocols and applications.

Ergo stats: Descentralized: 100% Secure: 100% Fast: it's very fast, but I think could improve like 25 seconds per Block is that dangerous?

But 25 seconds will make it a lot more user friendly. Just a guy an his opinion, I don't know if it can be achieved

I guess it depends if you envision Ergo's L1 trying to compete/replace Visa/AMEX. I personally dont see that as the current or future goal of the base protocol. Maybe if it becomes *massive*, a L2 or sub-block confirmation protocol will develop to satisfy that demand.

Right now, it's doing a pretty solid job at what is laid out in the Ergo Manifesto: to be programmable money. Yea, Ergo can work with Hydra. Shares the eUTxO design with Cardano. One of the reasons why IOG (?) chose to pilot AgeUSD Protocol (what Cardano knows as Djed) on Ergo first. Easily transposable because of the transaction model they share 🙂

```Although formal results about EUTxO are rather recent, extended UTxO models already form the basis for the smart-contract platforms of existing blockchains — in particular, Cardano [14] and Ergo [17]. Consequently, the Hydra head protocol as presented in this paper is of immediate practical relevance to these existing systems```

Guess my only problem now is how can accumulate more<:4240stonk:935187471921217638> <:4564thinkingvr:934808477799436308>

Guys I'm accepting 1k ergo tips. Your boi needs more ergo asap

She be mining in secret after talking ergo with me