Space stems from its open-source and decentralized nature. This feature has led to hyper-growth and scaling, what many call crypto composability. This composability allows for the creation of a modular technology stack where components can be seamlessly embedded or removed, driving unprecedented innovation. At the heart of this innovation is the fundamental process of blockchain transactions, the core value of which depends on the ability of the distributed network to coordinate and achieve system state agreement.

When a transaction is sent on a blockchain, a distributed network of nodes must first verify the contents of the transaction and then vote on the order of the transactions to form the next block to be added to the chain. When these nodes reach an agreement, a state called "consensus" is reached. Blockchains initially used a Proof-of-Work (PoW) mechanism to achieve consensus, which involved specialized nodes called miners competing to solve cryptographic puzzles in order to add new transactions and blocks to the chain.

Space stems from its open-source and decentralized nature. This feature has led to hyper-growth and scaling, what many call crypto composability. This composability allows for the creation of a modular technology stack where components can be seamlessly embedded or removed, driving unprecedented innovation. At the heart of this innovation is the fundamental process of blockchain transactions, the core value of which depends on the ability of the distributed network to coordinate and achieve system state agreement.

When a transaction is sent on a blockchain, a distributed network of nodes must first verify the contents of the transaction and then vote on the order of the transactions to form the next block to be added to the chain. When these nodes reach an agreement, a state called "consensus" is reached. Blockchains initially used a Proof-of-Work (PoW) mechanism to achieve consensus, which involved specialized nodes called miners competing to solve cryptographic puzzles in order to add new transactions and blocks to the chain.