Justin Drake
👤 SpeakerAppearances Over Time
Podcast Appearances
And, you know, Ethereum is no stranger to ambitious projects.
You know, we've had other like very ambitious things like dank shouting and data value sampling that is kind of on a similar scale.
Another piece of good news is that we have no choice.
We have to change the cryptography.
It is a very strong forcing function.
And that alone, I would argue, is an 80% rewrite anyway.
That makes the coordination and coming to consensus much simpler.
And then the other thing else... Go ahead.
It's possible that IFRM has to do more rewrite than other chains.
And this has to do with the number of validators.
So if you only have, let's say, 100 validators, then you can just...
absorb the cost of the 10x larger signatures at the consensus layer.
It's not too much of a big deal.
So for most of the proof of stake chains, actually, you don't need the sophistication that we have.
But for Ethereum, we're hoping to have tens of thousands of validators voting every single slot, which is, again, like thousands of transactions, signatures per second.
And we have to be very creative.
Where I would agree with you is that there has to be a very big change for all blockchains at the execution layer.
But the good news for the other chains is that the firm is doing all the homework.