Hey @GwartyGwart , smart contracts are programs that run on a shared, serialized, worldwide computer.
16 Jan 2024, 13:24
Hey @GwartyGwart , smart contracts are programs that run on a shared, serialized, worldwide computer. Maximally decentralized finance, in contrast, can only take place at the L1 consensus/protocol layer.
Consensus layer AMMs do not require tokens; there is no room for rent…