Written by the author who I believe is an expert on the subject of JS Promises, I have no doubt this is totally correct. But, with respect to the
recursive nature of states and fates, if you can complement the explanation with diagrams, circles, squares, arrows, etc or explain in a different way, will you do so here.
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I agree, visual promise resources are sorely lacking currently.
I've been working on adding visual & animated resources to explain Promises, check danlevy.net/visualizing-promises/
Let me know if you like this direction!