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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 просмотров • 13 дней назад •via X (Twitter)

Комментарии: 34

Фото профиля Muriel Medard
Muriel Medard9 дней назад

Gmum!

Фото профиля ZumoritoTheGreat
ZumoritoTheGreat12 дней назад

@MurielMedard so much value here

Фото профиля JimmyFX
JimmyFX13 дней назад

@MurielMedard Holy cook!

Фото профиля 𝓫u𝓻𝓪k⁷
𝓫u𝓻𝓪k⁷13 дней назад

@MurielMedard gMumm my famıly

Фото профиля omni...| (web3 sensei)
omni...| (web3 sensei)13 дней назад

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

Фото профиля Yesim
Yesim13 дней назад

@MurielMedard Definitely worth a watch,gmum

Фото профиля Fay
Fay13 дней назад

@MurielMedard great insights on reducing blockchain latency with math

Фото профиля Tooby
Tooby13 дней назад

@MurielMedard Bullish Optimumm

Фото профиля Quy_Coc_Tien_Sinh
Quy_Coc_Tien_Sinh12 дней назад

@MurielMedard Bullish Optimumm

Фото профиля chidera.skr
chidera.skr12 дней назад

@MurielMedard There's a lot of value here

Фото профиля FuegoDev
FuegoDev11 дней назад

@MurielMedard Well explained

Фото профиля Solsensei
Solsensei13 дней назад

@MurielMedard Lets me see this keep building

Фото профиля tarun ./ ☂️
tarun ./ ☂️11 дней назад

@MurielMedard gmum

Фото профиля guru
guru13 дней назад

@MurielMedard Bullish on optimum

Фото профиля Mesrega
Mesrega13 дней назад

@Em3rald4U @MurielMedard gMum Murielmedard

Фото профиля Young Ji
Young Ji11 дней назад

@MurielMedard MRS Cooked

Фото профиля 0xHibhee𓃰
0xHibhee𓃰13 дней назад

@MurielMedard Lfg gmum🔥

Фото профиля Osita
Osita12 дней назад

@MurielMedard Lots of wisdom here

Фото профиля Hakan İşleten
Hakan İşleten12 дней назад

@MurielMedard gMUM

Фото профиля Crybabe
Crybabe13 дней назад

@MurielMedard 5 minutes pack with so much value

Фото профиля JohnNguyen 🔆
JohnNguyen 🔆12 дней назад

@MurielMedard Bullish Optimumm

Фото профиля saam 🪽
saam 🪽12 дней назад

@MurielMedard Wow that's nice class of optimum

Фото профиля 0x_web3 (evm/acc).nad ⨀⌘
0x_web3 (evm/acc).nad ⨀⌘13 дней назад

@MurielMedard Gmum 🔥

Фото профиля SALI
SALI13 дней назад

@MurielMedard sounds like a game changer for defy

Фото профиля Validatus.com
Validatus.com12 дней назад

@MurielMedard This is looking great

Фото профиля Vick
Vick13 дней назад

@MurielMedard Time to learn something new

Фото профиля Sonne
Sonne13 дней назад

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

Фото профиля Steve
Steve12 дней назад

@MurielMedard Won't be missitge next one

Фото профиля AI3 | LINEA | CROAK 🐸| FOXY 🦊| OPTIMUM | SONEIUM
AI3 | LINEA | CROAK 🐸| FOXY 🦊| OPTIMUM | SONEIUM12 дней назад

@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.🚀

Фото профиля Hannieee🍄🕉️
Hannieee🍄🕉️10 дней назад

@MurielMedard Bullish Optimumm

Фото профиля Leee
Leee12 дней назад

@MurielMedard Bullish on optimum

Фото профиля ZaRa 💫
ZaRa 💫11 дней назад

@MurielMedard Bullish on optimum 💫🔥

Фото профиля Gare π
Gare π10 дней назад

@MurielMedard This is a great inlustration

Фото профиля fafa.Art
fafa.Art12 дней назад

@MurielMedard Gmum🔥🫶

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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 просмотров • 2 месяцев назад