There are a lot of things that I like about this project, but I don't think that it will be successful.

Here's why...

First, they are not using a blockchain, but a lattice database, similar to MongoDB. I've used SQL databases for years and they make sense. Blockchains also make sense. Lattice DBs are a little out there and are harder to understand. Therefore, I don't see this catching on.

Second, I don't see any mention of peers getting rewards for processing transactions. So what is the benefit of running a peer then?

Next, the peers with the most stake have the most power. So people will be able to splash some cash and instantly have a lot of power on the network. That doesn't make sense.

Finally, they want to make the system fully user governed in the next 5 years. Total user governance is a nice ideal, but rarely works, especially when the people with the most stake have the most power. A lot of people only care about number go up too.

In spite of all this, what I do like about it is that they are providing something different, the transaction speeds are very fast and their solution is not forkable. Forking has benefits, but I like that this project decided to take a different approach.

Overall, it's a cool idea, but I think it lacks some key elements.

Convex is a decentralized ledger technology based on a lattice data structure that can be used to store a variety of data format with a compute layer based on the Clojure programming language.

Convex World

There are a lot of things that I like about this project, but I don't think that it will be successful.

Here's why...

First, they are not using a blockchain, but a lattice database, similar to MongoDB. I've used SQL databases for years and they make sense. Blockchains also make sense. Lattice DBs are a little out there and are harder to understand. Therefore, I don't see this catching on. 

Second, I don't see any mention of peers getting rewards for processing transactions. So what is the benefit of running a peer then? 

Next, the peers with the most stake have the most power. So people will be able to splash some cash and instantly have a lot of power on the network. That doesn't make sense. 

Finally, they want to make the system fully user governed in the next 5 years. Total user governance is a nice ideal, but rarely works, especially when the people with the most stake have the most power. A lot of people only care about number go up too. 

In spite of all this, what I do like about it is that they are providing something different, the transaction speeds are very fast and their solution is not forkable. Forking has benefits, but I like that this project decided to take a different approach. 

Overall, it's a cool idea, but I think it lacks some key elements.

Tartarian

Convex is a better version of Kaspa?

First, the founder of Convex was the first CTO of Ocean Protocol, which is one of the biggest decentralized AI narrative on the market.

Convex is not really a blockchain. However, it has a consensus algorithm for a p2p economic system. It use a lattice to store a variety of data format, a bit like MongoDB. When it comes to databases, there are many different solutions in the industry to solve different problems. SQL-type are optimized to store sequential data like time series, MongoDB to store unstructured documents, Neo4J to store data such as google maps, airlines routes, facebook social graph, etc.  Most blockchains are designed to store sequential data for asset transactions which are mostly time series data. It stand to reason that different types of decentralized file storage are needed, Filecoin, Arweave, Jackal, and a few others have optimized differently, but convex brings something different. With Convex, you could have a "block" that is a hashmap, while another is a graph data structure, while another is a video binary, etc.

Next, is speed, it can pump up to ~120K TX per seconds,  2X faster than Solana. With a time to finality below 1 second. This makes it very interesting to Decentralized AI and possibly graph neural networks.

There is a compute layer for smart contract using Clojure, a popular functional programming language.

I spoke with the team, and I don't want to miss out on this one.

[Convex](https://convex.world/) is a better version of Kaspa?

First, the founder of Convex was the first CTO of Ocean Protocol, which is one of the biggest decentralized AI narrative on the market. 

Convex is not really a blockchain. However, it has a consensus algorithm for a p2p economic system. It use a lattice to store a variety of data format, a bit like MongoDB. When it comes to databases, there are many different solutions in the industry to solve different problems. SQL-type are optimized to store sequential data like time series, MongoDB to store unstructured documents, Neo4J to store data such as google maps, airlines routes, facebook social graph, etc.  Most blockchains are designed to store sequential data for asset transactions which are mostly time series data. It stand to reason that different types of decentralized file storage are needed, Filecoin, Arweave, Jackal, and a few others have optimized differently, but convex brings something different. With Convex, you could have a "block" that is a hashmap, while another is a graph data structure, while another is a video binary, etc. 

Next, is speed, it can pump up to ~120K TX per seconds,  2X faster than Solana. With a time to finality below 1 second. This makes it very interesting to Decentralized AI and possibly graph neural networks.

There is a compute layer for smart contract using Clojure, a popular functional programming language.

I spoke with the team, and I don't want to miss out on this one.

Convex World

Decentralized ledger technology