Solana-based staking protocol Solayer recently unveiled its InfiniSVM blockchain.
Background
- In the most basic essence, InfiniSVM is a hardware-accelerated Solana Virtual Machine (SVM) blockchain
- SVM, in hindsight, is the software infra on the Solana blockchain that takes care of thousands of transactions every second
- It sticks to the parallel processing model for dApps
- For context, EVMs contrastingly use the sequential processing model
- InfiniSVM is set to use a hybrid “proof of assigned stake” consensus mechanism
Why should you pay attention?
- According to the litepaper, when launched, InfiniSVM will dynamically scale to meet application demands
- In this process, it will maintain a transaction confirmation time of merely one millisecond
- InfiniSVM will also support a throughput of up to 100 Gbps
- Solayer is also looking to integrate in-house yield-bearing assets like sSOL and sUSD into InfiniSVM
- Users can stake and restake them on the network
Who said what?
- The team called this blockchain “the grand finale” of their vision
- They asserted,
“We envision a world where everyone can play Minecraft, stream 8K videos, and trade at lightspeed fully on Solayer chain. 2025 is going to be very, very fast”
Zooming out
- Solayer also unveiled a non-profit foundation recently
- A governance token [LAYER] is also soon expected to be rolled out
