State Growth in Ethereum

14min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter explores the challenges of state growth in Ethereum blockchain, discussing the complexity of Ethereum's state compared to Bitcoin's, the resource pricing problem it poses, and the importance of efficiently accessing state data.

Hasu and Jon catchup on what’s new in the EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) worlds.

For the EVM, Ethereum has pushed vertical scaling efforts to other chains. This includes Monad, who is building a new EVM L1 with fundamental optimizations to improve scalability.

For the SVM, the Solana ecosystem continues to gain momentum across the board. Meanwhile, Eclipse is gearing up to launch their SVM Ethereum L2.

DBA is an investor in Eclipse Laboratories, Inc. and SOL. Jon has material personal investments in SOL, JitoSOL, ETH, stETH, and TIA. Hasu has material personal investments in ETH and Monad.

Timestamps:

(00:00) Intro

(00:25) Catch up

(00:56) VM Performance Improvements

(02:32) Solana & Eclipse

(04:26) DA vs Execution Bottlenecks

(05:53) Rollups & Parallel Execution

(07:10) Breakpoint

(08:29) Solana & Eclipse – Competitive or Complementary?

(12:48) Ethereum & Solana Funds

(13:33) DBA Research Club

(15:01) What is a VM?

(16:33) Optimistic Parallel Execution vs. Access Lists

(23:45) Solana Resource Pricing

(25:03) Local Fee Markets

(30:48) Liveness Failures

(31:58) A Bottleneck vs. *The* Bottleneck

(35:39) State Growth

(41:29) Weak Statelessness

(45:33) State Expiry & State Rent

(51:10) Solana Un-merklizes State

(51:55) Client Level Optimizations

(53:45) Optimizations for New vs. Old Chains

(57:17) Will Everyone Converge?

(01:00:36) Outro

Hasu - https://twitter.com/hasufl

Jon Charbonneau - https://twitter.com/jon_charb

Uncommon Core 2.0 - https://twitter.com/UCC2_xyz

Ethereum - https://twitter.com/ethereum

Solana - https://twitter.com/solana

Eclipse - https://twitter.com/EclipseFND

Monad - https://twitter.com/monad_xyz

Disclaimer: The material and information presented in this podcast is for general informational purposes only and should not be considered investment advice. The views, thoughts, and opinions expressed in this podcast are solely those of the speakers and are not the views of any entity or other person with whom the speaker is affiliated, including, without limitation, DBA Crypto, LLC. The “DBA Crypto” name and all forms thereof are the sole property of its owner, and its use does not imply endorsement of or opposition to any specific organization, product, or service.