Movement Against Global Consensus
Global consensus is a critical feature of many blockchain architectures. It ensures the entire network agrees on the validity of transactions and the state of the blockchain. However, this mechanism has become one of the primary bottlenecks in scaling blockchains and expanding the on-chain economy. The reliance on global consensus is a bottleneck because not every transaction requires the entire network’s validation. For instance, the whole world doesn’t need to know that you bought a coffee ...