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5 minute Muriel Medard masterclass on blockchain latency. - Why it matters (economically) in DeFi - How to lower latency with pure math - The paradigm shift of embracing decentralization to scale

32,004 views • 13 days ago •via X (Twitter)

34 Comments

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Muriel Medard9 days ago

Gmum!

ZumoritoTheGreat's profile picture
ZumoritoTheGreat12 days ago

@MurielMedard so much value here

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JimmyFX13 days ago

@MurielMedard Holy cook!

𝓫u𝓻𝓪k⁷'s profile picture
𝓫u𝓻𝓪k⁷13 days ago

@MurielMedard gMumm my famıly

omni...| (web3 sensei)'s profile picture
omni...| (web3 sensei)13 days ago

@MurielMedard I want moar classes of Muriel mam please 🥺❤️....

Yesim's profile picture
Yesim13 days ago

@MurielMedard Definitely worth a watch,gmum

Fay's profile picture
Fay13 days ago

@MurielMedard great insights on reducing blockchain latency with math

Tooby's profile picture
Tooby13 days ago

@MurielMedard Bullish Optimumm

Quy_Coc_Tien_Sinh's profile picture
Quy_Coc_Tien_Sinh12 days ago

@MurielMedard Bullish Optimumm

chidera.skr's profile picture
chidera.skr12 days ago

@MurielMedard There's a lot of value here

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FuegoDev11 days ago

@MurielMedard Well explained

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Solsensei13 days ago

@MurielMedard Lets me see this keep building

tarun ./ ☂️'s profile picture
tarun ./ ☂️11 days ago

@MurielMedard gmum

guru's profile picture
guru13 days ago

@MurielMedard Bullish on optimum

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Mesrega13 days ago

@Em3rald4U @MurielMedard gMum Murielmedard

Young Ji's profile picture
Young Ji11 days ago

@MurielMedard MRS Cooked

0xHibhee𓃰's profile picture
0xHibhee𓃰13 days ago

@MurielMedard Lfg gmum🔥

Osita's profile picture
Osita12 days ago

@MurielMedard Lots of wisdom here

Hakan İşleten's profile picture
Hakan İşleten12 days ago

@MurielMedard gMUM

Crybabe's profile picture
Crybabe13 days ago

@MurielMedard 5 minutes pack with so much value

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JohnNguyen 🔆12 days ago

@MurielMedard Bullish Optimumm

saam 🪽's profile picture
saam 🪽12 days ago

@MurielMedard Wow that's nice class of optimum

0x_web3 (evm/acc).nad ⨀⌘'s profile picture
0x_web3 (evm/acc).nad ⨀⌘13 days ago

@MurielMedard Gmum 🔥

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SALI13 days ago

@MurielMedard sounds like a game changer for defy

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Validatus.com12 days ago

@MurielMedard This is looking great

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Vick13 days ago

@MurielMedard Time to learn something new

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Sonne13 days ago

@MurielMedard 5 minutes and a complex topic suddenly becomes much clearer🔥

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Steve12 days ago

@MurielMedard Won't be missitge next one

AI3 | LINEA | CROAK 🐸| FOXY 🦊| OPTIMUM | SONEIUM's profile picture
AI3 | LINEA | CROAK 🐸| FOXY 🦊| OPTIMUM | SONEIUM12 days ago

@MurielMedard Watching @MurielMedard explaining blockchain latency in 5 minutes should be required viewing for anyone building in DeFi. The economic impact + the math solution + the paradigm shift… @get_optimum is quietly solving one of the most underrated problems in crypto.🚀

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Hannieee🍄🕉️10 days ago

@MurielMedard Bullish Optimumm

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Leee12 days ago

@MurielMedard Bullish on optimum

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ZaRa 💫11 days ago

@MurielMedard Bullish on optimum 💫🔥

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Gare π10 days ago

@MurielMedard This is a great inlustration

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fafa.Art12 days ago

@MurielMedard Gmum🔥🫶

Related Videos

The value of the work we're doing at Optimum is encapsulated quite well by the phrase "speed is money". In modern markets there are real economic advantages to latency reduction. This is nothing new. Wall Street firms have long been optimizing on latency, primarily through colocation and top of the line hardware. However, when it comes to decentralized systems, expensive hardware and geographic concentration are antithetical to their purpose. Therefore we should optimize decentralized network latency through software, which I'm thrilled about because it's exactly what I've spent the better part of the past 2 decades working on with Random Linear Network Coding. Now let’s talk about networking economics, the relationship between speed and money. First, it's important to note that users will only pay for low latency if it can be consistently guaranteed. Second, you can only make that latency guarantee for a certain number of users. This is a universal law of networking. We can model this relationship on a delay curve, shown below. The delay curve is determined by the utilization rate of the network, meaning how much traffic is flowing through the network divided by the network's throughput. As you approach a level of traffic equal to the available throughput, latency trends infinitely higher. On this delay curve we can impose some utility thresholds. These thresholds are the levels of latency which are important to different groups of users because of how that latency guarantee improves their economic outcomes. Finding the point on the curve where each threshold intersects will tell us what level of traffic we can guarantee that level of latency for. Essentially, there exists a finite supply of speed on a network and the highest utility users of that speed are willing to pay more for it. I like to think of this similarly to expedited shipping options on Amazon. This is why we say speed is money, and why we can create a Latency Marketplace. The only way to increase the supply of speed is to fundamentally increase network throughput. This is what we work on at Optimum by using Random Linear Network Coding. The same relationship between traffic and throughput still applies, but now the delay curve is shifted out further to the right. Now more traffic can be processed at the same latency, or the same traffic can be processed at a lower latency. More speed available to the network. More value unlocked for the network’s users. Crucially, that value is no longer only reserved for those who can afford to sit closest to the machine. Expanding the supply of speed widens who can reach each latency threshold, keeping the network's advantage decentralized rather than concentrated in the hands of a few. When nodes join Optimum and participate, they reap the benefits, but they also add to the capacity. Rather than vying against each other in a zero-sum game, nodes help themselves and others.

Muriel Medard

45,392 views • 2 months ago