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by delfinom
870 days ago
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The problem with block chains is you need the entire history, or at least a good chunk of it to walk it for data. The latest end of the chain doesn't contain everything, it simply contains the most recent transactions. This can be hundreds of gigabytes if not more at scale. This is where the central authority comes in play, in the name of storage and performance efficiency. Even crypto wallet apps use third party central servers to query your wallet totals. Because you aren't fitting the download of the block chain on your phone. |
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The value of the blockchain (in the context of name resolution) would (should) be limited to enabling trustless-ness of the response. I can cryptographically authenticate the origin of the response. If you don't trust that source, zk proofs would enable the user to validate the response is part of the latest version of the blockchain's state without looking at all of the history.
I think the cost of carrying the whole history is a red herring.