Quilibrium

I'm trying to get up to speed on Quilibrium. I've read the website and white paper. Very impressive.

All available info is Big Brain. Grug need Grug Brain explanation.

Also, the coin model appears to be UTXO-based. Can an account-based model be built on Quilibrium? Are there any latency and throughput estimates?

Technologist, Natural Philosopher, Wizard

Grug like blockchain. Blockchain let people make coin go to other Grugs with no mean Grugs that say no. But Grug have problem. Blockchain slow. And blockchain see thru – people know when I make coin go to other Grugs. Grug no want all Grugs to see Grug buy plane ticket or rent car. Grug want not see thru and fast.

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Grug know old ways, why old ways fast? Why blockchain no fast? Grug figure out. Blockchain hold everything. But need blockchain safe if bad Grug cheat. Bad Grug want cheat by send same coin twice. Blockchain hold everything, so bad Grug need make blockchain say one thing then say other.

Blockchain need big proof, use big machine make proof so bad Grug need even bigger machine to make proof, cost more than cheat so bad Grug should just not cheat. Some blockchain say hey, "big machine just mean big money, use big money and burn it if cheat, no big machine burn earth". Grug see both and cry.

Grug have plan: use old data machine method, new no-cheat time proof, big brain Grug many thing proof, and big brain Grug secret machine talk talk, and together, make big new network, no cheat like blockchain, big fast like tiger chase Grug, and no Grugs see Grug flew to Taylor Swift concert and buy merch last week.

Grug think: why blockchain hold everything? Big brain Grugs make small proof of many thing. Big brain Grugs make machine that must take some time and can't cheat. Big brain Grugs use machine time in place where no cheat happen to order data. This many Grug lifes ago, why not do this with machine time that no cheat?