Monteluna
@monteluna
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This is going to go over a lot of people's heads but let's do a little bit of unpacking this.
Most people try to dumb down blockchains, but one lens is that the entire point of blockchains is computational verifiability (at scale), especially from the lens of information theory. While it may seem abstract, if you purchase a coffee with a credit card, there's an entire industrial complex that is set in motion around multiple computers to verify whether or not you had credit to receive that coffee usually across multiple computer devices with different sets of data. The sad reality is:
1. This is a completely trusted environment where devices are vetted before adding to the network, increasing costs. Multiple partners basically have to wink and nod that they will appropriately process data and there's no way for any partner to truly validate this in real or even near-time.
2. It doesn't even work! We have to pay large insurance and escrow fees because a chargeback can happen, or the user might not even have the credit. The machines won't be able to fully verify it, so most of the time the computers allow a charge and the store owner is really on the hook. This is pushed down to consumers in additional costs since the owners have to essentially pay for "insurance" on unvalidated compute!
The ability for one computer to computationally verify that credit was available and applied without having access to the full data, and at a computational order less than running the full computation itself, is what scales general cloud computing beyond these trusted private clouds.
Reading through these docs, it looks like Eigenlayer is doing interesting things merging containerization and these verifiability proofs, which is pretty wild. I do think a lot of things are over people's heads with EigenLayer, but as a computer science guy the stuff they have pumped out is some deep high technology stuff. 0 reply
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