Tom Wilson

@NYDmjrsXTLSKrPB3TDNGrQ

Joined on Jul 18, 2023

  • Summary The Hollow BEAM (HB) is a scalable, complete, and useful SmartWeave network that employs Deterministic Compute, Stateless Messages, and the Permaweb Payment Protocol to create a scalable smart contract network. The system comprises several components, each of which communicates with each other through a message protocol. This protocol allows individual processes (smart contracts) to interoperate without a shared global state, addressing one of the main challenges in Smart Contract Networks: interoperability and shared state. Imagine a network designed akin to the "Actor" pattern, where each "Contract" operates as a process. Each process can receive messages and return messages placed in an outbox, allowing contracts/processes to be isolated from one another. This way, they can focus on their individual rules. Problem/Challenge List Stake Weight Attacks Liquidation Bots and Updates Financial Risk Semantics Process Spawning
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  • Summary Hollow BEAM (HB) for short is a scalable, complete, and useful SmartWeave network that leverages Deterministic Compute, Stateless Messages, and the Permaweb Payment Protocol to complete a scalable smart contract network. The system is made of several components and each of these components communicate with each other via a message protocol that allows each process/(smart contract) to interoperate with each other without having to have shared global state. One of the biggest challenges with Smart Contract Networks is interoperability and shared state. What if a network was designed to be similar to the "Actor" pattern where each "Contract" is a process and this process can receive messages and return messages placed in an outbox. This allows "Contracts"/processes to be completely isolated from one another and they can focus on their rules while other "Contracts"/processes can focus on their rules. Problem/Challenge List
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