Web3 Innovators · 2024-10-28 · 27 min
In this episode of Chainlens Spaces, host Conor Svensson speaks with Sergii Grybniak, Head of Research at Blue Wave Inc. and the Waterfall Network. Sergii discusses how BlockDAG technology can scale Ethereum’s Virtual Machine (EVM), the challenges of decentralization, and the journey of developing the Waterfall Network from his PhD research. The conversation highlights the importance of solving the scalability trilemma - balancing decentralization, security, and scalability - through Waterfall’s innovative architecture. Key Moments: - Introduction to DAGs : Sergii shares his research on Directed Acyclic Graphs (DAGs) and how they enable more scalable and decentralized networks compared to traditional blockchain architecture. - Creating Waterfall Network : From Sergii’s PhD research to launching the mainnet, Waterfall Network’s journey toward solving the blockchain trilemma. - Decentralization and Validator Setup : Waterfall's focus on decentralization and its effort to lower hardware requirements, enabling users to run validators on minimal hardware.
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