Find the blockchain term “data availability” too confusing?
Don’t worry, so does one top blockchain expert.
Dankrad Feist, a researcher at the Ethereum Foundation, said Monday during a panel discussion at the Permissionless crypto conference in Austin, Texas, that the industry should consider “data publishing” as an alternative label for the practice.
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So-called data availability refers to the idea that blockchains can work faster when the function of storing data is handled separately from the job of processing and confirming transactions. The data can then be independently verified or downloaded when users need it.
The concept of data availability is
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