blockchain

The results of the TON smart contracts contest are out, and our team has got the largest cash award. In this article, we give a brief intro to our submission and talk about our experience during the contest.

If you’ve been on the Internet the last few days, you’ve probably heard of Libra, Facebook’s new venture into blockchain technology. Their goals are far-reaching — “to enable a simple global currency and financial infrastructure that empowers billions of people”. In this article, we review their recently released white paper.

In modern blockchains, if some node wants to verify a block, it either has to be a full node storing the whole network state, or it has to continuously ask some remote storage for various parts of it. Each of these solutions possesses either inconveniences (storing 100+ GB of data) or risks (the storage forging the data it sends you).