In the world of blockchain, throughput, or the number of transactions processed per second, is a critical metric. Currently, Base leads the pack with a processing capacity of 15 million gas per second.
The "gigagas era" refers to a future where blockchains can handle a staggering 1,000 million gas per second. That's a 66-fold increase over today's leading performance.
This significant leap in throughput will be made possible by innovative technologies such as:
Alternative Data Availability (AltDA) providers:
These providers, like #celestia , #Avail , and #EigenDA , offer efficient ways to store and retrieve blockchain data.
Data compression techniques:
Advanced compression methods, as seen in projects like Fuel Ignition, can significantly reduce data size and increase transaction throughput.
Customized databases, reth, and juiced-up sequencers:
These technological advancements enable faster and more efficient processing of transactions.
Alternative Virtual Machines (AltVMs):
AltVMs offer specialized execution environments that can optimize specific types of applications.
As we move towards a modular blockchain architecture, Layer-2 solutions will increasingly rival the performance of traditional Layer-1 blockchains. In fact, many experts predict that modular L2s will eventually surpass L1s in terms of both transaction speed and decentralization.
The future of blockchain is modular. By breaking down the monolithic structure of traditional blockchains, we can unlock unprecedented scalability and efficiency.
