Decentralized state refers to the collective, agreed-upon data maintained across a distributed network, where no single entity holds ultimate control over its integrity or modification. This state is synchronized and validated by multiple independent participants, typically through a consensus mechanism. It underpins the operation of blockchain networks and decentralized applications. Such a system ensures data immutability and resistance to central manipulation.
Context
The concept of a decentralized state is fundamental to understanding how digital assets function without central intermediaries. Debates often address the degree of decentralization achieved by various blockchain projects. News frequently covers efforts to optimize state management for improved scalability and efficiency across distributed ledgers.
This research introduces asymptotically optimal vector commitments, enabling significantly more efficient state updates for scalable decentralized systems like stateless blockchains.
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