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Solana’s 3rd Layer Explained : Block BuildingWe now officially begin Stage 3: Block Building.The transaction has successfully navigated the priority lanes of Gulf Stream and has been delivered to the correct Leader via the QUIC protocol. This stage is all about what that Leader does next.Firstly I will introduce Solana’s unique philosophy of block building and the specialized “engine room” that...
Solana’s Second Layer Explained : Gulf StreamBefore getting into this blog make sure to read my previous blog for better understanding , This is the Part III .We have just completed an incredibly thorough examination of Stage 1: Users, covering everything from their cryptographic identity and keys to the detailed anatomy, rules, and costs of the transactions they create.Following the six-stage...
Solana’s Second Layer Explained : Gulf StreamBefore getting into this blog make sure to read my previous blog for better understanding , This is the Part III .We have just completed an incredibly thorough examination of Stage 1: Users, covering everything from their cryptographic identity and keys to the detailed anatomy, rules, and costs of the transactions they create.Following the six-stage...
Solana’s Second Layer Explained : Gulf StreamBefore getting into this blog make sure to read my previous blog for better understanding , This is the Part III .We have just completed an incredibly thorough examination of Stage 1: Users, covering everything from their cryptographic identity and keys to the detailed anatomy, rules, and costs of the transactions they create.Following the six-stage...
Solana’s Second Layer Explained : Gulf StreamBefore getting into this blog make sure to read my previous blog for better understanding , This is the Part III .We have just completed an incredibly thorough examination of Stage 1: Users, covering everything from their cryptographic identity and keys to the detailed anatomy, rules, and costs of the transactions they create.Following the six-stage...
Solana’s Second Layer Explained : Gulf StreamBefore getting into this blog make sure to read my previous blog for better understanding , This is the Part III .We have just completed an incredibly thorough examination of Stage 1: Users, covering everything from their cryptographic identity and keys to the detailed anatomy, rules, and costs of the transactions they create.Following the six-stage...
Solana’s Second Layer Explained : Gulf StreamBefore getting into this blog make sure to read my previous blog for better understanding , This is the Part III .We have just completed an incredibly thorough examination of Stage 1: Users, covering everything from their cryptographic identity and keys to the detailed anatomy, rules, and costs of the transactions they create.Following the six-stage...
A decade ago, a whitepaper authored by a young visionary named Vitalik Buterin proposed a radical new architecture for the internet: a “world computer.” This Turing-complete blockchain would not just record transactions; it would execute them. It was a conceptual blueprint for a decentralized global application layer.Today, as we mark that 10-year milestone, the network born from that paper,...
From Hype to Hardware: My High-Conviction DePIN Thesis — Merlin M. OstermannThe Origin Story: Why DePIN Deserves a Closer LookIn a world where headlines often scream about market volatility and the latest technological marvels, there’s a quieter, more profound revolution unfolding beneath the surface. It’s not about the next viral sensation or the fleeting hype cycle; it’s about the fundamental...
From Hype to Hardware: My High-Conviction DePIN Thesis — Merlin M. OstermannThe Origin Story: Why DePIN Deserves a Closer LookIn a world where headlines often scream about market volatility and the latest technological marvels, there’s a quieter, more profound revolution unfolding beneath the surface. It’s not about the next viral sensation or the fleeting hype cycle; it’s about the fundamental...