Huobi Research
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Huobi Research

Post-Diem: An Outlook for Next-gen L1 Chains

Abstract

1. Overview of L1 Chain Technical Development

2. L1 Chain Development Bottleneck

3. New L1 Chain Model from Diem

3.1 The Smart Contract Security Revolution

3.1.1 Icing on the cake: the introduction of adapter layer, an overarching foundation for parallelization

3.1.2 One-of-a-kind: removing global storage to reduce transaction latency

3.2 The inevitable path to parallelization

3.2.1 First shot of parallelization: transaction classification, multi-threaded synchronous execution

3.2.2 All-in: Further segmentation of transactions, enhancing concurrency by DAG

3.2.3 Comparison of two parallelization solutions

3.3 The Ceiling of Consensus Algorithms

3.3.1 Fundamental changes in block structure

3.3.2 Combination of DAG structure and BFT consensus

3.4 Game theory veiled under economic models

3.5 Linera’s path to a dedicated L1 chain

4.Exploration of New Next-gen L1 Chain Paradigm

References

About Huobi Research Institute

Disclaimer

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Blockchain industry top think tank, affiliated to Huobi Group.

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Huobi Research

Huobi Research

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Blockchain industry top think tank, affiliated to Huobi Group.