I’ve already touched on these layers on this essay, however I feel it’s worth revisiting them strictly throughout the context of scaling blockchains. Update: after publishing this essay, I discovered that the Web3 Foundation, Trent McConaghy, and Stephen Taul have written about the Web3 stack. The most interesting observations on the state transition machine layer are: https://www.tapestryorder.com/video/asi/video-pragmatic-play-slots.html 1) the fact that many major initiatives have come to consensus to use WASM (even if WASM was never supposed to be used by blockchains); and https://www.tapestryorder.com/video/asi/video-online-slots-real-money-no-deposit.html 2) the degree of idiosyncrasy in the bets that Kadena, Tezos, Rchain, and Coda are making.
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