EOSIO Dawn 3.0 Hong Kong Meetup Summary Part 2 - Scalability of EOS IO 3.0

in #meetup6 years ago

1. Context Reactions

Context reactions enable efficient and blockchain communication and they can be included in a transaction but do not depend on the blockchain state. They can be validated in parallel and expensive computation print from reply. These actions also make various privacy techniques and more feasible. The use of context free actions will also be incentivized as block producers will only charge users a fraction of the CPU usage when a calculation is performed as part of a context free action. A context-free inline can be processed cheaply and in parallel because all inline actions are also included in the Merkle route. It’s possible to use these actions as provable notifications to outside services (EOSIO Hong Kong Meetup Livestream 6 April 2018, 2018).

2. Transaction Compression

Many transactions have data the can be easily compressed. Compressed data is cheaper than uncompressed data which incentivized optimization by developers. This incentivization benefits the network’s state stakeholders, users and blog producers. Stores and transmits with more efficient transaction compression will have more economical large numbers of transactions for the end user (EOSIO Hong Kong Meetup Livestream 6 April 2018, 2018)

3. Interpretor & JIT Compression

  • Reduced performance, increased stability
  • Trivially swap in JIT compiler
  • Solves compilation delay problems (EOSIO Hong Kong Meetup Livestream 6 April 2018, 2018)

4. Resource Rate Limiting

  • Rate limiting is based on objective instruction counts
  • Resource allocation and rate enforcement are now independent (EOSIO Hong Kong Meetup Livestream 6 April 2018, 2018)

5. 500 ms Block Intervals

  • Dramatic reduction of latency until confirmation
  • Irreversible transactions in 1 second (EOSIO Hong Kong Meetup Livestream 6 April 2018, 2018)

6. BIOS Architecture

  • Majority of blockchain architecture lives in a system contract
  • Network upgrades can be performed hard-fork (EOSIO Hong Kong Meetup Livestream 6 April 2018, 2018)

REFERENCE

EOSIO Hong Kong Meetup Livestream 6 April 2018. (2018, 4 6). Retrieved from www.youtube.com/watch?v=yNudH5PxUNY

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