What is SOLVM?
SOLVM is an innovative Layer 2 scaling solution designed for the Solana blockchain, combining high performance with enhanced privacy and security features. Here's an overview of its key components and features
1 , Core Technology
Built on Solana's high-throughput, low-latency blockchain
Utilizes zk-STARKs (Zero-Knowledge Scalable Transparent Arguments of Knowledge) for efficient and private transaction processing
2 , Network Architecture
Two-layer structure
L1 (Base Layer): Solana mainnet
L2 (SOLVM Core): zk-rollup layer for transaction processing
Four types of nodes
Validator Nodes
Relay Nodes
Archival Nodes
Light Clients
3 , Scalability Solutions
zk-Rollup: Core scaling technology with dynamic batch sizing and advanced compression
Plasma Cash: Flexible child chain structure for specific applications
State Channels: Efficient off chain transactions for frequent interactions
4 , Privacy Features
Address Anonymization: Using Stealth Address Protocol and per-transaction address rotation
Transaction Amount Concealment: Confidential Transactions with Bulletproofs
5 , Key Benefits
High throughput: Capable of processing up to 120,000 TPS
Low latency: Average confirmation time of 0.5 seconds on L2
Enhanced privacy: Advanced cryptographic techniques protect user identities and transaction details
Compatibility: Seamless integration with Solana's existing ecosystem and dApps
6 , Use Cases
DeFi applications requiring high-speed, private transactions
NFT marketplaces with enhanced security and privacy
Gaming and microtransaction platforms benefiting from low fees and quick confirmations
SOLVM aims to address the scalability challenges of the Solana network while introducing robust privacy features, positioning itself as a comprehensive solution for the next generation of decentralized applications.
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