October 4, 2024 • 16 mins
Today : E035-2024 Cyberium Podcast - Parallel execution blockchain by Antonio ROSSI
PODCAST IN ENGLISH : https://technocratico.it/cyberium-podcast/
In each episode, we dive into articles published on technocratico.it by Raffaele Di Marzio or explore his reflections brought to life through AI analysis and techniques, powered by Gemini Pro, which present in-depth discussions in English, explaining the topics in a simple and concise manner. Our mission is to reveal, in a straightforward yet precise way, how technology influences every aspect of our personal and professional lives. Whether you're a tech industry professional seeking expert insights or a curious listener wanting to understand how digital security impacts your daily life, Cyberium is your gateway to comprehending the holistic influence of technology, offering a unique perspective thanks to the integration of cutting-edge AI analysis.
Today, we'll be exploring a cutting-edge topic in the blockchain world: parallel execution. To guide us through this analysis, we'll be relying on the insights of Antonio Rossi, a prominent expert in the technology sector with extensive experience in developing advanced blockchain solutions. We'll examine Antonio's perspective on how parallel execution could revolutionize the performance and scalability of blockchains. His ideas, the result of years of research and development, promise to offer us a unique perspective on this emerging technology. Get ready for a stimulating analysis that could redefine the future of blockchain transactions!
Tune in to gain valuable perspectives and stay ahead in the rapidly evolving tech landscape.
All reproductions rights are reserved by Cyberium Media Miami Productions and Technocratico.it
Content creator direction : Raffaele DI MARZIO https://www.linkedin.com/in/raffaeledimarzio/
Content creator : Antonio Rossi https://www.linkedin.com/in/antoniorossi/
For inquiries, you can reach us at podcast@cyberium.media
PODCAST IN ENGLISH : https://technocratico.it/cyberium-podcast/
In each episode, we dive into articles published on technocratico.it by Raffaele Di Marzio or explore his reflections brought to life through AI analysis and techniques, powered by Gemini Pro, which present in-depth discussions in English, explaining the topics in a simple and concise manner. Our mission is to reveal, in a straightforward yet precise way, how technology influences every aspect of our personal and professional lives. Whether you're a tech industry professional seeking expert insights or a curious listener wanting to understand how digital security impacts your daily life, Cyberium is your gateway to comprehending the holistic influence of technology, offering a unique perspective thanks to the integration of cutting-edge AI analysis.
Today, we'll be exploring a cutting-edge topic in the blockchain world: parallel execution. To guide us through this analysis, we'll be relying on the insights of Antonio Rossi, a prominent expert in the technology sector with extensive experience in developing advanced blockchain solutions. We'll examine Antonio's perspective on how parallel execution could revolutionize the performance and scalability of blockchains. His ideas, the result of years of research and development, promise to offer us a unique perspective on this emerging technology. Get ready for a stimulating analysis that could redefine the future of blockchain transactions!
Tune in to gain valuable perspectives and stay ahead in the rapidly evolving tech landscape.
All reproductions rights are reserved by Cyberium Media Miami Productions and Technocratico.it
Content creator direction : Raffaele DI MARZIO https://www.linkedin.com/in/raffaeledimarzio/
Content creator : Antonio Rossi https://www.linkedin.com/in/antoniorossi/
For inquiries, you can reach us at podcast@cyberium.media
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Welcome to Siberian. Here, technology and cybersecurity are made simple
for everyone. Whether you're a tech geek or just curious
about the digital world, We've got you covered. Each episode
we dive into the latest topics from technocratico, dot it
and break them down so you can stay informed and protected.
Speaker 2 (00:23):
This is a.
Speaker 1 (00:23):
Siberian Media Miami production. Let's get into it.
Speaker 3 (00:28):
The scraber gulsis flame, make us a blood pad fave
to love it, to fuck, answer Alessie, usselves and remember this.
Welcome back to our podcast.
Speaker 4 (00:50):
Today, we'll be exploring a cutting edge topic in the
blockchain world, parallel execution. To guide us through this analysis,
we'll be relying on the inside of Antonio Rossi, a
prominent expert in the technology sector with extensive experience in
developing advanced blockchain solutions. We'll examine Antonio's perspective on how
(01:11):
parallel execution could revolutionize the performance and scalability of blockchains.
His idea is the result of years of research and development.
Promise to offer us a unique perspective on this emerging technology.
Get ready for a stimulating analysis that could redefine the
future of blockchain transactions.
Speaker 3 (01:34):
You know how everybody's buzzing about Solana and how fast
it is. We'll get this. We're diving into a world
today where transactions happen even faster. We're going way beyond
the hype to explore the future of blockchain scalability. Yeah.
Speaker 2 (01:50):
I think of Solana as a launch pad.
Speaker 3 (01:52):
Right.
Speaker 2 (01:53):
It kind of opened our eyes to this potential of
parallel processing. But now we're seeing a whole new generation
of blockchains that are taking it to that next level. Yeah,
talking say optose and suey.
Speaker 3 (02:06):
Okay, So let's unpack this a little bit for those
of us who maybe haven't been like glued to the
blockchain news feeds recently. Yeah, what exactly is parallel processing? Oh?
Why is it such a big deal?
Speaker 2 (02:19):
So imagine like a single checkout line at the grocery store. Right,
that's how your traditional blockchains work, just one transaction at
a time.
Speaker 3 (02:26):
Okay.
Speaker 2 (02:26):
Parallel processing is like suddenly having a dozen checkout lines
open up all at once, Right, So more transactions are
going to be processed simultaneously, and that is really the
key to unlocking scalability.
Speaker 3 (02:38):
So more lanes, faster checkout, happier customers. Exactly makes sense, right,
But Solana didn't just add more lanes right now, They
figured out a way to organize the whole process exactly.
So how do they do that?
Speaker 2 (02:51):
So Solana's secret weapon is something called proof of history, Okay,
And essentially what this does is it gives every transaction
a precise time stamp before it even enters the lane.
Speaker 3 (03:03):
Wow.
Speaker 2 (03:04):
So this preprocessing eliminates the need for everyone to agree
on the order of transactions, which is a major, major
bottleneck in those traditional blockchains.
Speaker 3 (03:15):
So instead of arguing about who got there first, it's like,
here's your time stamp, go to lane three exactly. Genius.
But even with this super efficient system, Yeah, there's still
a chance for things to get messy of course, right, Yeah,
like when two people try to use the same coupon
at the same.
Speaker 2 (03:32):
Time exactly exactly, something like that.
Speaker 3 (03:34):
Yeah, that's where that challenge of conflict resolution comes in. Right.
Solana does have mechanisms to deal with these problems.
Speaker 2 (03:42):
Okay, these you know, these double spend problems.
Speaker 3 (03:45):
Exactly, these double spin problems, but they can create inefficiencies, okay.
Speaker 2 (03:49):
Yeah, and that's where our trio of contenders enter the picture. Yes,
and each one of them has their own unique approach
to tackling these challenges. Absolutely. So let's start with, say, okay,
they've opted for what we call an optimistic concurrency model. Okay,
and you can think of it like, imagine a world
where everyone at the grocery store just assumes there are
(04:09):
going to be enough coupons for everybody.
Speaker 3 (04:12):
Ooh, that sounds a little risky.
Speaker 5 (04:13):
It can be.
Speaker 2 (04:14):
So what they do is they process transactions as if
there are not going to be any conflicts.
Speaker 3 (04:19):
Okay.
Speaker 2 (04:20):
So if they're right, everything zips through incredibly fast, okay,
but if a conflict does pop up, they have to
kind of roll back those conflicting transactions and try again,
and that can cause delays, and it can even affect
you know, the price of assets.
Speaker 3 (04:35):
Yeah.
Speaker 2 (04:35):
We call that slippage exactly slippage.
Speaker 3 (04:38):
And it can be you know, yeah, it can be
a real buzzkill, a real buzzkill, especially in that fast
paced world. Yeah of DEVII. So say, is kind of
like that friend who's always down for a spontaneous adventure, Yeah,
but maybe not the most reliable when it comes to
making it to that important meeting on time.
Speaker 2 (04:55):
Exactly.
Speaker 3 (04:56):
They're fast when they're fast, yes, but things can get
unpredictable in a hurry.
Speaker 2 (05:00):
I like that analogy. Okay, So let's compare that with actos.
Speaker 3 (05:03):
Okay.
Speaker 2 (05:04):
Now they're taking a more proactive approach with something called
block STM.
Speaker 3 (05:08):
Block STM, yes, okay, now that sounds intense.
Speaker 2 (05:11):
I know it sounds very, very technical, but it stands
for software transactional memory. Okay, but don't let the name
scare you. It's actually quite elegant in how it works.
Speaker 3 (05:23):
Okay.
Speaker 2 (05:23):
So think of it like having a super efficient system at.
Speaker 5 (05:25):
The grocery store, okay, that can instantly detect if two
people are trying to use that same coupon but at
different checkouts, and it can resolve that conflict before anything
is finalized.
Speaker 3 (05:36):
So they're like, they're like preventing it from even happening
in the first place, exactly, instead of having to deal
with it after the fact.
Speaker 2 (05:42):
Yes, that's a great way to put it.
Speaker 3 (05:43):
Okay.
Speaker 2 (05:44):
And then we have Suey, which is the most radical
of the bunch. Okay, they're ditching this whole optimistic approach altogether.
Speaker 3 (05:52):
Oh so, no more assuming everybody brought their own coupox exactly.
Speaker 2 (05:56):
Sue uses what we call a deterministic model, which means
means they predetermine the order of transactions, okay, to completely
eliminate the possibility of conflicts.
Speaker 3 (06:06):
Wow. So they know exactly who's going to buy what
with which coupon and in what order before anybody even
walks in the door in a way yes, wow.
Speaker 2 (06:14):
So they use this fascinating technology called a directed a
cyclic graph or a DAG, and you can imagine it
as a system where every shopper whispers their purchases and
coupon codes to the person next to them in a
very specific order.
Speaker 3 (06:30):
So it's like a gossip chain it is for groceries exactly.
I kind of love it, right, But why is that
so efficient?
Speaker 2 (06:37):
Because by the time somebody reaches that check out, everyone
already knows what they're buying, wow, and in what order.
So there's no need for any double checking. Wow, no
conflict resolution.
Speaker 3 (06:50):
That's incredible.
Speaker 2 (06:51):
It's a pre agreed upon plan.
Speaker 3 (06:52):
Wow. So SUE is like the ultimate pre order system
for the blockchain world. Precisely, you submit your shopping list
and they guarantee a smooth, conflict free.
Speaker 2 (07:01):
Check out exactly.
Speaker 3 (07:02):
Okay, So I'm starting to see how these different approaches
could like play out in the real world. But can
you give me like a clearer picture where would we
actually feel these differences as like everyday users.
Speaker 2 (07:14):
So let's take the world of decentralized finance.
Speaker 3 (07:17):
Okay or DeFi for sure, okay.
Speaker 2 (07:19):
And imagine you're trying to swap some tokens on a
decentralized exchange.
Speaker 3 (07:24):
Okay.
Speaker 2 (07:24):
It's kind of like trading your dollars for euros.
Speaker 3 (07:27):
Okay, but on the blockchain, okay. And these exchanges rely
on smart contracts to handle all those swaps well exactly,
just to like bring everybody back up to speed here.
Speaker 2 (07:36):
Yes, smart contracts are like those self service kiosks at
the airport. Okay, You put in your information and the
machine automatically dispenses you know, your boarding pass, right In
this case, you put in one type of cryptocurrency and
the smart contract automatically spits out another got it based
on pre coded rules.
Speaker 3 (07:54):
So where does scalability come into play? Then?
Speaker 2 (07:56):
So imagine thousands of people trying to swap their crypto
at the same time, okay, all using this decentralized exchange
that's built on say our optimistic blockchain. Suddenly the system
is just flooded with transaction.
Speaker 3 (08:13):
Sounds like our old friend the bottleneck is back exactly.
Speaker 2 (08:15):
Okay, And remember how Say just assumes there aren't going
to be any conflicts, right, Well, in a situation like this,
with so many transactions flying around, the chances of what
we call a double spend situation where two transactions are
trying to use the same funds, those chances skyrocket.
Speaker 3 (08:34):
Yeah, it makes sense.
Speaker 2 (08:35):
And when that happens, Say has to hit the brakes. Okay,
roll back those conflicting transactions and then try again.
Speaker 3 (08:43):
And I'm guessing that doesn't make for the smoothest user experience.
Speaker 2 (08:46):
No, okay, you might end up getting a worse exchange
rate because of the delay. Your transaction might even fail completely.
Oh wow, that's slippage inaction. Yeah, that's no good, and
it can be a real buzzkill. Like we said, in
the fast paced world of DeFi.
Speaker 3 (09:01):
So Say is kind of like that friend who's always
down for a spontaneous adventure. Yeah, but maybe not the
most reliable when it comes to making it to that
important meeting on.
Speaker 2 (09:10):
Time exactly fast when they're fast, but things can get.
Speaker 3 (09:14):
A little unpredictable, yeah, panticable on a hurry.
Speaker 2 (09:16):
Yes, okay, So now, compare that to aptose and their
proactive block STM system. They're like that super organized friend
who always plans ahead because they're constantly checking for conflicts
in real time. Okay, they can handle those sudden surges
and activity much more.
Speaker 3 (09:34):
Smoothly, so aptose is less likely to have a meltdown
when things get busy.
Speaker 2 (09:39):
Exactly. They're designed to maintain their efficiency okay, even under pressure.
That's good, which is crucial in a world where timing
is everything right exactly. And then we have Suy, our
ultimate planner, with their deterministic model. Okay, it's like they've
already mapped out every possible route and synchronized every every
(10:00):
one's movements in advance. There are no surprises, wow, no conflicts,
just a seamless flow of transactions.
Speaker 3 (10:07):
It's like they've created a perfectly choreographed dance for the
blockchain world.
Speaker 2 (10:12):
Yes, it's very impressive, it really is.
Speaker 3 (10:14):
But I have to ask, aren't there downsides to each
one of these approaches? Of course, I mean it can't
all be smooth sailing and perfectly timed. Waltz is right,
there are.
Speaker 2 (10:23):
Always trade offs, right with say, it's that potential for
instability and slippage as the network grows. Aptos while efficient,
Yeah has to manage the complexity of its conflict detection system, right,
which could become a bottleneck in itself at massive scales,
right Okay, And Suey, while incredibly promising, Yeah, still has
to prove that its deterministic model can handle the unpredictable
(10:46):
demands of a truly decentralized and ever evolving ecosystem.
Speaker 3 (10:51):
So it's a balancing act, it is, between speed, complexity,
and this whole idea of determinism exactly. So it sounds
like we're talking about like a trade off between being
nimble and adaptable like say, Yeah, being organized and reliable
like aptose, or going full on synchronized swimming routine like soup.
Speaker 2 (11:10):
Exactly. It's fascinating.
Speaker 3 (11:12):
And here's what makes this whole space so exciting, right, Okay,
it's not a static race. You know. These blockchains are
constantly evolving, adding new features, refining their approaches.
Speaker 2 (11:23):
So it's like they're upgrading their routine exact mid performance precisely.
Speaker 3 (11:28):
So take aptose for example, they're working on something called
dynamic dispatch okay, and it has the potential to really
shake things up even further dynamic dispatch.
Speaker 2 (11:38):
Yeah okay, now that sounds a little intimidating.
Speaker 3 (11:41):
I gotta admit a little buzzwordy. Yeah, think of it
this way, okay, right now, smart contracts on aptose are
kind of like vending machines, right, okay, you press a
button for soda, you get a soda.
Speaker 2 (11:54):
Dynamic dispatch is like giving that vending machine the ability
to analyze oh okay, purchase history, the weather, even your
current mood, right, and then offer you a wider range
of options that are specifically tailored to you.
Speaker 3 (12:09):
So instead of soday, it might be like, hey, you
really want hot chocolate to day exactly because it's cold
and rainy outside.
Speaker 2 (12:15):
It knows you.
Speaker 3 (12:17):
That's really interesting.
Speaker 2 (12:18):
Yeah, dynamic dispatch could make smart contracts so much more flexible, responsive, right,
it makes sense. But and this is a big but
greater flexibility often comes with greater risks. It's always a catch, right, Okay,
So this added complexity could create new vulnerabilities that hackers
could exploit, right, you know, it's like giving that vending
(12:41):
machine a more complex brain. It could start making some
interesting choices. Yeah, yeah, that weren't part of the original plan.
Speaker 3 (12:50):
So aptus has taken a little bit of a gamble here.
They you know, they're pushing the boundaries of what's possible, Yeah,
but also opening themselves up to some new challenges.
Speaker 2 (13:01):
It's a high stakes game, it really is. That's a
good way to put it.
Speaker 3 (13:03):
So it's not just about how fast the blockchain can
process these transactions. It's also about how it manages risk exactly,
how it adapts to these new challenges, and probably most importantly,
how it builds a thriving ecosystem around it.
Speaker 2 (13:19):
Exactly, because a blockchain is only as good as the
community of users and developers who believe in it, and
that's where things like staking and validator rewards come in, right.
These are mechanisms that incentivize people to contribute to the
security and operation of the blockchain in exchange for rewards.
Speaker 3 (13:40):
So it's like being a part owner of the blockchain,
not just a customer. Yes, you're invested in its success.
Speaker 2 (13:46):
You're invested exactly literally, that's really in. Each of these
blockchains has its own kind of philosophy on how to
build this community, how to distribute those rewards.
Speaker 3 (13:58):
Wow, so we've gone from comparing checkout lines to talking
about community building it's all interconnected in the philosophy of decentralization.
It's fascinating, it really is. Yea. For those of us
who are still trying to wrap our heads around all this,
what's the key takeaway? What's the one thing we should remember?
Speaker 2 (14:17):
I think the key takeaway here is that there is
no single winner, Okay in this race for scalability. Each
blockchain has its strengths and weaknesses, and the best approach
really is going to depend on the specific use case
and the evolving needs of the community.
Speaker 3 (14:35):
So it's not a one size fits all exactly a situation.
Speaker 2 (14:38):
It's about choosing the right tool for the right job, right, Okay,
that makes sense. And the real magic is going to
happen when we start seeing these different approaches combine and
integrated in really innovative ways. Okay, you know, imagine a
future where blockchains can seamlessly interact and share resources. That's cool,
each one playing to its strength to create a truly
(14:59):
inter connected and scalable decentralized future.
Speaker 3 (15:03):
Now that's the future I can get behind, right, I
like that a lot.
Speaker 2 (15:07):
It's going to be interesting to see how it all
plays out.
Speaker 3 (15:09):
It really is, and thanks to this deep dive. Yeah,
we're all a little more equipped now to kind of
understand the complexities I hope so, and the possibilities that
lie ahead.
Speaker 2 (15:18):
Absolutely, it's a constantly evolving world. It is, and that's
what makes it so exciting.
Speaker 3 (15:24):
It really does. And on that note, we're going to
wrap up this deep dive okay, into this fascinating world
of blockchain scalability.
Speaker 2 (15:32):
It was a pleasure.
Speaker 3 (15:33):
Be sure to check out the show notes for links
to all the resources we discussed today. Yes, and until
next time to be continued, Keep exploring, keep questioning, and
keep diving deep sounds results you going to crow.
Speaker 4 (15:55):
All reproduction rights are reserved by Siberia Media, Miami Production
and tech Nocratico dot it. For inquiries, you can reach
us at podcast at Siberium dot media.
Welcome to Siberian. Here, technology and cybersecurity are made simple
for everyone. Whether you're a tech geek or just curious
about the digital world, We've got you covered. Each episode
we dive into the latest topics from technocratico, dot it
and break them down so you can stay informed and protected.
Speaker 2 (00:23):
This is a.
Speaker 1 (00:23):
Siberian Media Miami production. Let's get into it.
Speaker 3 (00:28):
The scraber gulsis flame, make us a blood pad fave
to love it, to fuck, answer Alessie, usselves and remember this.
Welcome back to our podcast.
Speaker 4 (00:50):
Today, we'll be exploring a cutting edge topic in the
blockchain world, parallel execution. To guide us through this analysis,
we'll be relying on the inside of Antonio Rossi, a
prominent expert in the technology sector with extensive experience in
developing advanced blockchain solutions. We'll examine Antonio's perspective on how
(01:11):
parallel execution could revolutionize the performance and scalability of blockchains.
His idea is the result of years of research and development.
Promise to offer us a unique perspective on this emerging technology.
Get ready for a stimulating analysis that could redefine the
future of blockchain transactions.
Speaker 3 (01:34):
You know how everybody's buzzing about Solana and how fast
it is. We'll get this. We're diving into a world
today where transactions happen even faster. We're going way beyond
the hype to explore the future of blockchain scalability. Yeah.
Speaker 2 (01:50):
I think of Solana as a launch pad.
Speaker 3 (01:52):
Right.
Speaker 2 (01:53):
It kind of opened our eyes to this potential of
parallel processing. But now we're seeing a whole new generation
of blockchains that are taking it to that next level. Yeah,
talking say optose and suey.
Speaker 3 (02:06):
Okay, So let's unpack this a little bit for those
of us who maybe haven't been like glued to the
blockchain news feeds recently. Yeah, what exactly is parallel processing? Oh?
Why is it such a big deal?
Speaker 2 (02:19):
So imagine like a single checkout line at the grocery store. Right,
that's how your traditional blockchains work, just one transaction at
a time.
Speaker 3 (02:26):
Okay.
Speaker 2 (02:26):
Parallel processing is like suddenly having a dozen checkout lines
open up all at once, Right, So more transactions are
going to be processed simultaneously, and that is really the
key to unlocking scalability.
Speaker 3 (02:38):
So more lanes, faster checkout, happier customers. Exactly makes sense, right,
But Solana didn't just add more lanes right now, They
figured out a way to organize the whole process exactly.
So how do they do that?
Speaker 2 (02:51):
So Solana's secret weapon is something called proof of history, Okay,
And essentially what this does is it gives every transaction
a precise time stamp before it even enters the lane.
Speaker 3 (03:03):
Wow.
Speaker 2 (03:04):
So this preprocessing eliminates the need for everyone to agree
on the order of transactions, which is a major, major
bottleneck in those traditional blockchains.
Speaker 3 (03:15):
So instead of arguing about who got there first, it's like,
here's your time stamp, go to lane three exactly. Genius.
But even with this super efficient system, Yeah, there's still
a chance for things to get messy of course, right, Yeah,
like when two people try to use the same coupon
at the same.
Speaker 2 (03:32):
Time exactly exactly, something like that.
Speaker 3 (03:34):
Yeah, that's where that challenge of conflict resolution comes in. Right.
Solana does have mechanisms to deal with these problems.
Speaker 2 (03:42):
Okay, these you know, these double spend problems.
Speaker 3 (03:45):
Exactly, these double spin problems, but they can create inefficiencies, okay.
Speaker 2 (03:49):
Yeah, and that's where our trio of contenders enter the picture. Yes,
and each one of them has their own unique approach
to tackling these challenges. Absolutely. So let's start with, say, okay,
they've opted for what we call an optimistic concurrency model. Okay,
and you can think of it like, imagine a world
where everyone at the grocery store just assumes there are
(04:09):
going to be enough coupons for everybody.
Speaker 3 (04:12):
Ooh, that sounds a little risky.
Speaker 5 (04:13):
It can be.
Speaker 2 (04:14):
So what they do is they process transactions as if
there are not going to be any conflicts.
Speaker 3 (04:19):
Okay.
Speaker 2 (04:20):
So if they're right, everything zips through incredibly fast, okay,
but if a conflict does pop up, they have to
kind of roll back those conflicting transactions and try again,
and that can cause delays, and it can even affect
you know, the price of assets.
Speaker 3 (04:35):
Yeah.
Speaker 2 (04:35):
We call that slippage exactly slippage.
Speaker 3 (04:38):
And it can be you know, yeah, it can be
a real buzzkill, a real buzzkill, especially in that fast
paced world. Yeah of DEVII. So say, is kind of
like that friend who's always down for a spontaneous adventure, Yeah,
but maybe not the most reliable when it comes to
making it to that important meeting on time.
Speaker 2 (04:55):
Exactly.
Speaker 3 (04:56):
They're fast when they're fast, yes, but things can get
unpredictable in a hurry.
Speaker 2 (05:00):
I like that analogy. Okay, So let's compare that with actos.
Speaker 3 (05:03):
Okay.
Speaker 2 (05:04):
Now they're taking a more proactive approach with something called
block STM.
Speaker 3 (05:08):
Block STM, yes, okay, now that sounds intense.
Speaker 2 (05:11):
I know it sounds very, very technical, but it stands
for software transactional memory. Okay, but don't let the name
scare you. It's actually quite elegant in how it works.
Speaker 3 (05:23):
Okay.
Speaker 2 (05:23):
So think of it like having a super efficient system at.
Speaker 5 (05:25):
The grocery store, okay, that can instantly detect if two
people are trying to use that same coupon but at
different checkouts, and it can resolve that conflict before anything
is finalized.
Speaker 3 (05:36):
So they're like, they're like preventing it from even happening
in the first place, exactly, instead of having to deal
with it after the fact.
Speaker 2 (05:42):
Yes, that's a great way to put it.
Speaker 3 (05:43):
Okay.
Speaker 2 (05:44):
And then we have Suey, which is the most radical
of the bunch. Okay, they're ditching this whole optimistic approach altogether.
Speaker 3 (05:52):
Oh so, no more assuming everybody brought their own coupox exactly.
Speaker 2 (05:56):
Sue uses what we call a deterministic model, which means
means they predetermine the order of transactions, okay, to completely
eliminate the possibility of conflicts.
Speaker 3 (06:06):
Wow. So they know exactly who's going to buy what
with which coupon and in what order before anybody even
walks in the door in a way yes, wow.
Speaker 2 (06:14):
So they use this fascinating technology called a directed a
cyclic graph or a DAG, and you can imagine it
as a system where every shopper whispers their purchases and
coupon codes to the person next to them in a
very specific order.
Speaker 3 (06:30):
So it's like a gossip chain it is for groceries exactly.
I kind of love it, right, But why is that
so efficient?
Speaker 2 (06:37):
Because by the time somebody reaches that check out, everyone
already knows what they're buying, wow, and in what order.
So there's no need for any double checking. Wow, no
conflict resolution.
Speaker 3 (06:50):
That's incredible.
Speaker 2 (06:51):
It's a pre agreed upon plan.
Speaker 3 (06:52):
Wow. So SUE is like the ultimate pre order system
for the blockchain world. Precisely, you submit your shopping list
and they guarantee a smooth, conflict free.
Speaker 2 (07:01):
Check out exactly.
Speaker 3 (07:02):
Okay, So I'm starting to see how these different approaches
could like play out in the real world. But can
you give me like a clearer picture where would we
actually feel these differences as like everyday users.
Speaker 2 (07:14):
So let's take the world of decentralized finance.
Speaker 3 (07:17):
Okay or DeFi for sure, okay.
Speaker 2 (07:19):
And imagine you're trying to swap some tokens on a
decentralized exchange.
Speaker 3 (07:24):
Okay.
Speaker 2 (07:24):
It's kind of like trading your dollars for euros.
Speaker 3 (07:27):
Okay, but on the blockchain, okay. And these exchanges rely
on smart contracts to handle all those swaps well exactly,
just to like bring everybody back up to speed here.
Speaker 2 (07:36):
Yes, smart contracts are like those self service kiosks at
the airport. Okay, You put in your information and the
machine automatically dispenses you know, your boarding pass, right In
this case, you put in one type of cryptocurrency and
the smart contract automatically spits out another got it based
on pre coded rules.
Speaker 3 (07:54):
So where does scalability come into play? Then?
Speaker 2 (07:56):
So imagine thousands of people trying to swap their crypto
at the same time, okay, all using this decentralized exchange
that's built on say our optimistic blockchain. Suddenly the system
is just flooded with transaction.
Speaker 3 (08:13):
Sounds like our old friend the bottleneck is back exactly.
Speaker 2 (08:15):
Okay, And remember how Say just assumes there aren't going
to be any conflicts, right, Well, in a situation like this,
with so many transactions flying around, the chances of what
we call a double spend situation where two transactions are
trying to use the same funds, those chances skyrocket.
Speaker 3 (08:34):
Yeah, it makes sense.
Speaker 2 (08:35):
And when that happens, Say has to hit the brakes. Okay,
roll back those conflicting transactions and then try again.
Speaker 3 (08:43):
And I'm guessing that doesn't make for the smoothest user experience.
Speaker 2 (08:46):
No, okay, you might end up getting a worse exchange
rate because of the delay. Your transaction might even fail completely.
Oh wow, that's slippage inaction. Yeah, that's no good, and
it can be a real buzzkill. Like we said, in
the fast paced world of DeFi.
Speaker 3 (09:01):
So Say is kind of like that friend who's always
down for a spontaneous adventure. Yeah, but maybe not the
most reliable when it comes to making it to that
important meeting on.
Speaker 2 (09:10):
Time exactly fast when they're fast, but things can get.
Speaker 3 (09:14):
A little unpredictable, yeah, panticable on a hurry.
Speaker 2 (09:16):
Yes, okay, So now, compare that to aptose and their
proactive block STM system. They're like that super organized friend
who always plans ahead because they're constantly checking for conflicts
in real time. Okay, they can handle those sudden surges
and activity much more.
Speaker 3 (09:34):
Smoothly, so aptose is less likely to have a meltdown
when things get busy.
Speaker 2 (09:39):
Exactly. They're designed to maintain their efficiency okay, even under pressure.
That's good, which is crucial in a world where timing
is everything right exactly. And then we have Suy, our
ultimate planner, with their deterministic model. Okay, it's like they've
already mapped out every possible route and synchronized every every
(10:00):
one's movements in advance. There are no surprises, wow, no conflicts,
just a seamless flow of transactions.
Speaker 3 (10:07):
It's like they've created a perfectly choreographed dance for the
blockchain world.
Speaker 2 (10:12):
Yes, it's very impressive, it really is.
Speaker 3 (10:14):
But I have to ask, aren't there downsides to each
one of these approaches? Of course, I mean it can't
all be smooth sailing and perfectly timed. Waltz is right,
there are.
Speaker 2 (10:23):
Always trade offs, right with say, it's that potential for
instability and slippage as the network grows. Aptos while efficient,
Yeah has to manage the complexity of its conflict detection system, right,
which could become a bottleneck in itself at massive scales,
right Okay, And Suey, while incredibly promising, Yeah, still has
to prove that its deterministic model can handle the unpredictable
(10:46):
demands of a truly decentralized and ever evolving ecosystem.
Speaker 3 (10:51):
So it's a balancing act, it is, between speed, complexity,
and this whole idea of determinism exactly. So it sounds
like we're talking about like a trade off between being
nimble and adaptable like say, Yeah, being organized and reliable
like aptose, or going full on synchronized swimming routine like soup.
Speaker 2 (11:10):
Exactly. It's fascinating.
Speaker 3 (11:12):
And here's what makes this whole space so exciting, right, Okay,
it's not a static race. You know. These blockchains are
constantly evolving, adding new features, refining their approaches.
Speaker 2 (11:23):
So it's like they're upgrading their routine exact mid performance precisely.
Speaker 3 (11:28):
So take aptose for example, they're working on something called
dynamic dispatch okay, and it has the potential to really
shake things up even further dynamic dispatch.
Speaker 2 (11:38):
Yeah okay, now that sounds a little intimidating.
Speaker 3 (11:41):
I gotta admit a little buzzwordy. Yeah, think of it
this way, okay, right now, smart contracts on aptose are
kind of like vending machines, right, okay, you press a
button for soda, you get a soda.
Speaker 2 (11:54):
Dynamic dispatch is like giving that vending machine the ability
to analyze oh okay, purchase history, the weather, even your
current mood, right, and then offer you a wider range
of options that are specifically tailored to you.
Speaker 3 (12:09):
So instead of soday, it might be like, hey, you
really want hot chocolate to day exactly because it's cold
and rainy outside.
Speaker 2 (12:15):
It knows you.
Speaker 3 (12:17):
That's really interesting.
Speaker 2 (12:18):
Yeah, dynamic dispatch could make smart contracts so much more flexible, responsive, right,
it makes sense. But and this is a big but
greater flexibility often comes with greater risks. It's always a catch, right, Okay,
So this added complexity could create new vulnerabilities that hackers
could exploit, right, you know, it's like giving that vending
(12:41):
machine a more complex brain. It could start making some
interesting choices. Yeah, yeah, that weren't part of the original plan.
Speaker 3 (12:50):
So aptus has taken a little bit of a gamble here.
They you know, they're pushing the boundaries of what's possible, Yeah,
but also opening themselves up to some new challenges.
Speaker 2 (13:01):
It's a high stakes game, it really is. That's a
good way to put it.
Speaker 3 (13:03):
So it's not just about how fast the blockchain can
process these transactions. It's also about how it manages risk exactly,
how it adapts to these new challenges, and probably most importantly,
how it builds a thriving ecosystem around it.
Speaker 2 (13:19):
Exactly, because a blockchain is only as good as the
community of users and developers who believe in it, and
that's where things like staking and validator rewards come in, right.
These are mechanisms that incentivize people to contribute to the
security and operation of the blockchain in exchange for rewards.
Speaker 3 (13:40):
So it's like being a part owner of the blockchain,
not just a customer. Yes, you're invested in its success.
Speaker 2 (13:46):
You're invested exactly literally, that's really in. Each of these
blockchains has its own kind of philosophy on how to
build this community, how to distribute those rewards.
Speaker 3 (13:58):
Wow, so we've gone from comparing checkout lines to talking
about community building it's all interconnected in the philosophy of decentralization.
It's fascinating, it really is. Yea. For those of us
who are still trying to wrap our heads around all this,
what's the key takeaway? What's the one thing we should remember?
Speaker 2 (14:17):
I think the key takeaway here is that there is
no single winner, Okay in this race for scalability. Each
blockchain has its strengths and weaknesses, and the best approach
really is going to depend on the specific use case
and the evolving needs of the community.
Speaker 3 (14:35):
So it's not a one size fits all exactly a situation.
Speaker 2 (14:38):
It's about choosing the right tool for the right job, right, Okay,
that makes sense. And the real magic is going to
happen when we start seeing these different approaches combine and
integrated in really innovative ways. Okay, you know, imagine a
future where blockchains can seamlessly interact and share resources. That's cool,
each one playing to its strength to create a truly
(14:59):
inter connected and scalable decentralized future.
Speaker 3 (15:03):
Now that's the future I can get behind, right, I
like that a lot.
Speaker 2 (15:07):
It's going to be interesting to see how it all
plays out.
Speaker 3 (15:09):
It really is, and thanks to this deep dive. Yeah,
we're all a little more equipped now to kind of
understand the complexities I hope so, and the possibilities that
lie ahead.
Speaker 2 (15:18):
Absolutely, it's a constantly evolving world. It is, and that's
what makes it so exciting.
Speaker 3 (15:24):
It really does. And on that note, we're going to
wrap up this deep dive okay, into this fascinating world
of blockchain scalability.
Speaker 2 (15:32):
It was a pleasure.
Speaker 3 (15:33):
Be sure to check out the show notes for links
to all the resources we discussed today. Yes, and until
next time to be continued, Keep exploring, keep questioning, and
keep diving deep sounds results you going to crow.
Speaker 4 (15:55):
All reproduction rights are reserved by Siberia Media, Miami Production
and tech Nocratico dot it. For inquiries, you can reach
us at podcast at Siberium dot media.
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