Understanding blockchain terminology can sometimes feel like navigating a complex maze. Take, for instance, the term “data availability”. However, here is some food for thought. Dankrad Feist, a researcher at the Ethereum Foundation, recently suggested a paradigm shift in how we perceive this vocabulary during a panel discussion at the Permissionless crypto conference in Austin, Texas.
But before we delve into the new proposition, let’s decode what data availability truly means. It essentially implies that blockchains operate more efficiently when the function of storing data is segregated from the role of processing and confirming transactions. This allows data to be independently verified or accessed according to user requirements.
The concept stands central to the crux of several promising blockchain projects like Avail and Celestia, as well as ongoing discourse on the scalability of Ethereum and its sub-networks to manage a larger volume of transactions. Moreover, infrastructural advancements are also in the pipeline with Ethereum developers spearheading their proprietary data-storage solution for the blockchain – “Danksharding”, christened in the honor of Feist himself.
Moving ahead, Feist, with his rich academic background in theoretical physics and applied mathematics from the University of Cambridge, recommends a semantic shift. “It seems to me that we should rename data availability to data publishing,” he stated. The rationale? Rebranding the term to the more user-friendly “data publishing” would make it easier for people to understand and adapt to the concept.
Indeed, simplified terminology could pave the way for wider adoption of blockchain technologies, and the term “data publishing” could certainly be more relatable and not intimidate novices. However, would altering nomenclatures potentially dilute an accurate interpretation of complex mechanisms? Especially since the term does more than just assigning a section of responsibility to storing data; it incorporates the paradigm that this data must be easily verifiable, retrievable, and constantly at disposal.
This shift in perspective certainly opens up the floor to intensive dialogue over the balance between making terminology more accessible and maintaining the accuracy of these terms. So, are we witnessing a potential rebranding wave in the world of blockchain terminologies? Only time will tell.
Source: Coindesk