Avalanche announces new scaling technology “Vryx” to achieve 100,000 TPS

9 months ago 57

To improve processing capacity

On the 27th, Patrick O’Grady, who heads the platform engineering department at Ava Labs, which develops the cryptocurrency Avalanche (AVAX), introduced a new scaling solution called Vryx.

Vryx will initially be leveraged by Avalanche’s HyperSDK, a framework for developing its own blockchain, to achieve a high level of processing power. The number of transactions that can be processed per second (TPS) is 100,000.

HyperSDK’s mission is to enable best in class throughput and latency for developers building blockchains in the Avalanche network. Many have asked how HyperSDK aims to achieve this.

Today @_patrickogrady published his work on Project Vryx, a fortified decoupled state machine… https://t.co/jPE8rnO4If

— Avalanche (@avax) January 26, 2024

connection: What is Avalanche that even beginners can understand | Explaining noteworthy points and future prospects

In order to increase processing power, Vryx has introduced a mechanism to independently approve transactions. O’Grady explained that this is different from traditional blockchains such as Bitcoin (BTC), which arrange legitimate blocks in an orderly manner and simultaneously replicate transactions for each block.

A representative from Ava Labs commented on “The Block” as follows:

Since launching HyperSDK over a year and a half ago, Ava Labs has been focused on providing the highest level of scalability to anyone developing their own blockchain on Avalanche.

With the release of Vryx, we are getting much closer to this goal.

The mechanism of processing transactions in parallel like Vryx itself is not new. Mr. O’Grady also mentioned this. For example, blockchains such as Solana, Aptos, and SEI perform parallel processing.

connection:Aptos, Sui, Linera—Comparing the popular Diem (formerly Libra) L1 chains | Part 1

connection: Aptos, Sui, Linera—comparison of the popular Diem (formerly Libra) L1 chains | Part 2

Future plans

O’Grady explained that Vryx will initially be available in HyperSDK, but will eventually support other Avalanche virtual machines as well. Eventually, it will also be available on Avalanche’s mainnet.

They plan to launch Vryx on the HyperSDK testnet in the middle of 2Q 2024 (April to June).

Additionally, O’Grady will be giving a presentation on Vryx on YouTube on February 2nd.

What is a virtual machine?

A “virtual computer” created within a single physical computer. Refers to a simulated computer environment that is recreated using software.

For example, when you want to run Windows OS on a macOS computer, you use a virtual machine.

Virtual currency glossary