Render Network Protocol 002: Layer 1 Network Expansion

A primer on RNP-002

Today is the day for opening up the discussion for RNP-002: Layer 1 Network Expansion.

After a successful vote on RNP-001 introducing a Burn-and-Mint Equilibrium (BME) model, it is proposed that the Render Network Foundation invests resources to build on the Solana blockchain.

The Render Network has been built with a goal towards providing real-time, rendered, interactive holographic streams. This will require states to be updated dynamically, in real-time and on-chain. To do so, the network needs to be able to write high-performance code both on-chain and on GPUs. Rust can provide the Render Network greater speed and flexibility than Solidity, ultimately permitting the use of the same code for GPU render work and smart contracts. Further, the Solana virtual machine can process both C++ or Rust code and turn that into a smart contract.

In anticipation of future network growth, there exists a need for a high throughput, low latency blockchain for network settlement and node operation. The Render Network Foundation researched the technical needs for the project through the lenses of: developer community, throughput, liquidity, transaction fees, programming languages, integrating smart contracts, speed of implementation and the maturity of the project. After an exhaustive review, including input from the community, we’re very pleased to propose Solana as the best option for the needs of the project.

Founder Jules Urbach described the process of looking for the right L1 for Render Network to run on:

“Solana has the right mix of speed without compromising security (vs side-chain approaches). I think if nothing else we need to ensure we get fast speed, but never at the expense of security in the long run. I didn’t take the decision lightly to even consider it. It’s been much of this year getting into the pros and cons.”

In accordance with RNP-000 there is up to a 21 day community feedback period that begins today! We would love your feedback.

If you would like to participate in the community review for RNP-002, please join the Render Network Discord.