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A comment on Perpetual Futures. Parent comment
> confirmation times are very long, like any other on-chain transaction
Yes. synchronisation is where everything breaks down because you have to get everyone to agree to the new state.
edit: Sorry, not everyone, but a consensus, and that consensus is then what everyone agrees is the state.
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> confirmation times are very long, like any other on-chain transaction
Yes. synchronisation is where everything breaks down because you have to get everyone to agree to the new state.
edit: Sorry, not everyone, but a consensus, and that consensus is then what everyone agrees is the state.