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ETHEREUM.md

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Ethereum

Notes on why layer (l1) rubidity with (dumb) contracts is easier, cheaper, etc.

  • cheaper! - by how much - 4x ?
  • reuse, reuse, reuse - lets you reuse (builtin/standard) contracts!!!
  • more secure - reuse of "builtin/standard" contracts (that can get upgraded with bux fixes!!!)
  • upgradable - yes, no? - state is separate from contract (code)!
  • keeps the storage "off-chain"
  • "off-chain" storage stored in sql tables (easy/easier to query)
  • offers api for storage queries

make compute cheaper - no more "gas" counting for instructions

  • only pay for storage / bytes (call data) with gas or for bridging calls and contract "proxy" creation ???