HAVE WE BEEN BUILDING BLOCKCHAINS WRONG?

Summary from the TLDR Crypto newsletter

Current blockchains require participants to download and validate every transaction and state update, forcing dependence on trusted servers or powerful hardware. By combining shared block propagation with succinct proofs, lightweight devices like phones can securely verify large blocks with minimal bandwidth. This approach decouples block size from verification costs, enabling larger blocks, increased decentralization, and optional privacy without compromising security.