Georgios Konstantopoulos Profile picture
Apr 24, 2024 13 tweets 5 min read Read on X
We have made great strides in the world of blockchain scaling in the last 10 years.

It’s time to go further.

Reth’s path to 1 gigagas per second, and beyond…where we present our roadmap for scaling Ethereum. Image
Here's the full post.

paradigm.xyz/2024/04/reth-p…
To start, we must stop using Transactions Per Second as a performance metric and use more nuanced metrics.

We propose to the EVM community to adopt Gas Per Second (GPS) as a standard metric, and start seriously exploring multi-dimensional pricing.

ethresear.ch/t/draft-positi…
So what is the gas per second on various chains today?

A quick survey shows most chains at <10megagas per second, with Binance's chains leading the charge. Image
Reth in recent benchmarks does 100-200mgas/s, including senders recovery, execution and merklization on live syncing.

But how can we do better?
1. Vertical scaling: Make each machine faster and more efficient
2. Allow splitting workloads across multiple machines. Image
In our research, we present 3 vertical scaling methods that will be rolled out in Reth over 2024, which we hope will at least 10x our performance benchmark, enabling us to hit the 1+ gigagas per second mark for rollups.

We also identify ways to go beyond that in the cloud. Image
JIT / AOT EVM: Reduce the interpreter overhead, and run native code.

We have exciting results to show here in the next weeks. Image
Parallel EVM: Multi-threading to enable execution of more transactions.

We identify at least two flavors for this, which are different for historical and live sync. We are working with multiple external teams to integrate their approaches in Reth. Image
The state commitment takes >75% of Reth's live sync time today. Every % point in state root performance gained here matters.

This is the most complex and exciting topic, so I'll just go ahead and share the entire section of the blog here.
Image
Image
I think there's a TON of work to do on the state root, probably the most important problem in crypto performance.

I wrote about this recently.

Going beyond a single machine, there's 2 things we're doing:
1. Create great abstractions for spinning up rollups alongside the node.
2. Create great abstractions for splitting the node into multiple machines.

We want to create the Kubernetes moment for serverless crypto infra. Image
We have a lot of open questions:

How can Reth help with other clients' perf? How do we price the avg -> worst case perf degradation? How do we manage the tension between L1 and L2 potentially diverging?

We don't know the answers, but we want to collaborate with people on them.
We will move the needle on scaling Ethereum.

If you’re excited about contributing to breaking the 1gigagas/s barrier for EVM Rollups, reach out to georgios@paradigm.xyz.

paradigm.xyz/2024/04/reth-p…

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More from @gakonst

May 28
Introducing the Porto Developer Preview!

What if passwords did not exist?

What if the web was built natively for payments?

Porto is the open-source Typescript library we've built @ithacaxyz that gives accounts the superpowers to answer these questions.

Learn more below 🧵 Image
Porto gives superpowers to every account.

A demo is worth a million words.

Visit the Porto homepage and explore the flows we have created.

No passwords, no browser extensions.

It will only get better from here.

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We have started polishing our documentation, which as you'll notice is itself a Porto app.

See below for the SDK docs, with examples for onboarding, payments & subscriptions. porto.sh/sdk

We have detailed docs on our smart contracts as well! porto.sh/contracts

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Read 13 tweets
Jan 25
ETHEREUM ACCELERATION .

With @matthuang, @danrobinson & @_charlienoyes. Image
We haven't yet the fundamental limits of what we can do.

Ethereum should reach the efficient frontier of what’s possible before arguing about how we would choose between our values once we’ve hit those limits.

Shipping faster will help Ethereum get there.

Instead of "should we do X or Y?", the answer might be "both."Image
We can move faster by deciding to evolve the protocol with ambition, and not ossify.

We can do better than N-of-N (5 CL + 5 EL!) clients coming to consensus before new upgrades.

We can level up ACD.

We can allocate more resources to Devops & Testing. Image
Read 7 tweets
Oct 11, 2024
Crypto needs to move faster.

We started @Ithacaxyz to accelerate the frontier, & have raised $20M from @paradigm.

We’ve been collaborating with the developer community on some of crypto's hardest problems. Small teams = big impact. The future of crypto will be built together. Image
Over the past four years, our team shipped some of the industry’s most used open source tools like Reth & Foundry.

We believe in sustainable open source development for the good of crypto.

We think the stack is ready, and it’s now time to accelerate.

ithaca.xyz
We’ve raised $20M from @paradigm to help achieve this mission of accelerating crypto.

My role as CTO & General Partner at Paradigm will remain unchanged. I will continue to invest and work with our portfolio.

@matthuang will be joining as Chairman.

paradigm.xyz/2024/10/introd…
Read 11 tweets
Jun 26, 2024
🚨 Releasing Reth 1.0 🚨

After almost two years of development and a successful audit by Sigma Prime, we are finally releasing Reth 1.0, the first “prod-ready” release of our blazing-fast Ethereum execution client. We invite RPC providers and stakers to run Reth.

More below. Image
Read the full Reth 1.0 announcement.

paradigm.xyz/2024/06/reth-p…
TL;DR, we're stable and looking to get everyone on Reth. Image
Read 15 tweets
Jun 21, 2024
Excited to publish the REVM Compiler, revmc! (@DaniPopes 1st author)

We used LLVM to lower EVM bytecode into native code.

We demonstrate 19x gains for the Fibonacci benchmark and synced Ethereum mainnet with revmc enabled for the hottest 250 contracts!

Read on to learn more! Image
You can find the full post here.

paradigm.xyz/2024/06/revmc
Why build an EVM-native compiler?

To speed up execution by getting rid of the overheads of bytecode interpretation, inspired by well-established technologies like the Java or the WASM JIT.
Read 10 tweets
Apr 15, 2024
Today, we are excited to open source Reth Alphanet.

Reth AlphaNet is an OP Stack-compatible testnet rollup that maximizes Reth performance and enables experimentation of bleeding edge Ethereum Research. Image
You can find the full announcement below.

paradigm.xyz/2024/04/reth-a…
Reth AlphaNet is a testnet rollup built on OP Stack & OP Reth.

Reth AlphaNet is aimed at experimentation of Ethereum research at the bleeding edge, and comes with 3 EIPs not available anywhere else yet. EIP-3074, EIP-71212, EIP-2537.

These EIPs are built with best-practices in mind, are optimized, and tested. We want to do more of this.

AlphaNet is also built for high performance, and we aim to break through the gigagas per second barrier with it.Image
Read 11 tweets

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