Thread by @rom1_pellerin

Here is a thread about @sol3gga’s video and how @InputOutputHK intend to scale #Cardano 👉

If your friends still doubt the promising and competitive future of #Cardano, just give it time, they're bound to see its potential soon enough! 🌟🖖

1/11

As Jeremy Cooperstock from @mcgillu research department of computing told me once, always start by the conclusion of your talks 😆

@sol3gga discusses blockchain scalability, emphasizing the need for wide throughput and fast settlement with Ouroboros Leios and Peras, focusing on payload decoupling, concurrent processing, and fast, inclusive, and efficient blockchain operations with tiered pricing, blockspace futures and babel fees. He also presented how #Cardano will scale via L2s with state channels, recursive SNARKs and merged staking. #Cardano future is bright! ☀️

@mcgillu @sol3gga Aggelos dives into scaling blockchain protocols, emphasizing throughput and settlement time using a “pipe” metaphor. He showcases the need for a wider “pipe” for more transactions and a shorter one for faster settlements. #CardanoScalingL1

2/11

@mcgillu @sol3gga Aggelos outlines critical blockchain properties necessary for robust scaling: dynamic participation, resilience to faults, and the ability for the system to self-heal in the face of node failures. These factors are crucial for sustainable growth.

#CardanoScalingL1

3/11

Introducing Ouroboros Leios protocol, Aggelos explains how payload decoupling, via RankingBlocks(RB), and concurrent processing, via InputBlocks (IB) grouped within stake-based endorsed blocks(EB), maximize network capacity and decentralize computation.

#CardanoScalingL1

4/11

@sol3gga also discusses the extended UTXO vs the account model, and how the former enhances concurrent transaction processing. This model helps in efficient state mergers and reduces redundant computations, for faster and more scalable blockchains.

#CardanoScalingL1

5/11

@sol3gga @sol3gga presents Ouroboros Peras protocol and how it achieves fast settlements, combining fast finality and preserving Nakamoto-style self-healing protocol characteristics to handle node variability and ensure continuous operation.

#CardanoScalingL1

6/11

@sol3gga Aggelos highlights how combining #OuroborosLeios and #OuroborosPeras maximize throughput of #Cardano's network, ensure fast & reliable settlement, and guarantee decentralization, dynamic availability,
operator perf monitoring & self-healing properties 🚀

#CardanoScalingL1

7/11

@sol3gga Aggelos presents how #Cardano scales “beyond max throughput” 🚀 with the #HydraHead protocol that allows multiple nodes to advance a ledger state rapidly, enhancing throughput without burdening the main chain, while leveraging its ledger model & security.

#CardanoScalingL2

8/11

@sol3gga Aggelos explains how #HydraTail protocol utilizes recursive SNARKs to validate state transitions efficiently and to enable seamless communication between Hydra heads. It allows the creation of large scale networks that can be rebalanced via the mainchain.

#CardanoScalingL2

9/11

@sol3gga Aggelos presents #PartnerChains, like @MidnightNtwrk, as sibling specialized blockchains that operate in parallel to the #Cardano main chain and borrow their security via “merged-staking” that allows #Cardano SPOs participation in their consensus.

#CardanoScalingL2

10/11

@sol3gga @MidnightNtwrk Finally, @sol3gga introduces tiered pricing and blockchain space futures as innovative strategies to manage network congestion and ensure predictable costs. He covers “babel fees” mechanisms for L1 transaction fee payment in native asset instead of $ADA.

#CardanoScalingL1

11/11

@sol3gga @MidnightNtwrk ❤️ this thread, 🔁. Share it with anyone who doubts that #Cardano is here to stay, has one of the most (if not the most) solid roadmap & unique solutions to scaling its L1 and L2s ecosystem, while preserving its first-class peer-reviewed robustness, security & decentralization 🖖

https://twitter.com/rom1_pellerin/status/1797070467162927321

@sol3gga @MidnightNtwrk @threadreaderapp unroll