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Doing things in parallel

Blockchains achieve immutability and transparency of transaction processing differently. Criteria:

  • Throughput – the number of operations a system can perform within a certain time period. This relates, for example, to the number of transactions or smart contracts processed in one second.
  • Performance – how fast the system works. Performance measures the time of transaction or smart contract execution.
  • Scalability – the ability of the system to perform multiple operations without overloading the network or influencing performance properties.

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Understanding concurrency

Concurrency may or may not improve a system’s performance, throughput, or responsiveness. The amount of concurrency limits the maximum number of simultaneous operations that can be performed.

To obtain actual performance improvements in a UTXO-based blockchain,...

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To learn more about scalability, you can read how to design a scalable Plutus application and find out how to organize DApps on Cardano using

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Cardano is a UTXO-based blockchain, which utilizes a different programming paradigm for decentralized applications (DApps) from other account-based blockchains like Ethereum. The specific flavor Cardano uses is the

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DApps built on Cardano are not limited to one transaction per block.

the block budget allows the execution of hundreds of simple transactions and several complex scripts. However, the eUTXO model allows spending a transaction output only once. Given that users can face cont...

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Deploying DApps on UTXO ledgers is different

Cardano’s approach to DApp deployment is different and thus it requires a learning curve and a different approach. This is like working with different programming languages: there is one goal – to deploy a solution, but so many programming languages to use for this purpose.

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Maximizing concurrency is a skill that needs to be learned: developers need to write code in a way that severely restricts the opportunities for contention (e.g., by avoiding shared states and accidental dependencies). The system must then translate this concurrency into parallelism. A number of ...

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<p dir="ltr">eUTXO inherits th...

eUTXO inherits the per-branches design of the UTXO (Bitcoin) model, where one branch is by definition a sequence of transactions that requires a sequence of validations. To split the logic across different branches and enforce more parallelism, it is essential to build DApps and other s...

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By increasing parallelism, we can ultimately improve the throughput of the system while keeping the performance of individual operations the same, but this sort of scalability will always be limited by the degree of contention.

Concurrency is essential to allow multiple actors to progress o...

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Moving forward

The Alonzo hard fork event will introduce the core building blocks of Plutus 1.0. This is the beginning of ecosystem growth. Although it is still early, the Alonzo testnet allows our developers to assess system properties and build scalable DApps in advance – preparing for their mainnet launch.

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Either way, it is important to understand that to deploy a scalable DApp on Cardano, a developer can’t just use an adapted Ethereum contract. Cardano is based on the UTXO model; it is not account-based. And this means that a single on-chain state will not meet the concurrency property on Cardano....

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#engineering, #machinelearning and #crypto

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