the-arena

Quilibrium

This week in building /quilibrium 

Trying something new in updates summarizing on impacts:

(On protocol) Dynamic fee markets – solving for the emission curve attack concern:
The first version of the embedded dynamic fee market with the adjusted cost basis (includes proof size as a factor) is being tested out.

(On and off protocol) Things other teams can use in their own projects:
Publishing async triple ratchet later tonight under the separate MIT licensed repo mirror.

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

/quilibrium

what async triple ratchet and why do you consider it important?

(as gru-ish as possible)

are we moving into a future where group chats are going to play a key role in the unfolding of it?

triple ratchet = let groups communicate with the same efficiency as signal direct messages
sync = requires periodic refresh across the whole group, higher level of malicious security (when performing compute over it)
async = when lower level of malicious security is fine (a group, people trust each other), no periodic refresh, constantly updating, better for group chats