March 31 Blockchain Wrap-up Update
In this document, we will explain EVM Blockchain speed optimization milestone goals, steps, and our current progress.
Dione Gas Optimization Progress Document
Overview
Dione Protocol Blockchain is a fork of Avalanche Network, which uses Snowman consensus (PoS). Avalanche combines three separate blockchain networks to achieve superior scalability and functionality. The protocol operates as a frictionless payment system, cryptocurrency, and DeFi ecosystem. The 3 blockchains, X-chain, C-chain, and P-chain all serve different roles within the network.
The X-chain is the network that is responsible for the issuance of new digital assets. This network supports the creation of new tokens, NFTs Non-fungible tokens, stablecoins, and more.
The C-chain is designed to improve Ethereum developer onboarding. The developers describe this network as a conversion chain.
The P-chain is responsible for monitoring and validating the state of subnets. These Avalanche-powered blockchains can be set up to meet nearly any need. P-chain is also responsible for hosting many of the network’s DeFi features such as its staking protocols.
In Dione Protocol Blockchain, we will have similar chains to handle these roles. In addition, one of our goals is adding more subnets to handle transactions more efficiently and increase the units (Grid Operation, Distributor, etc) communication speed. Currently, Avalanche network is able to handle 4,500 Transactions per second (TPS). Our goal is to increase this number to 20,000+ TPS.
Goals
Increase the Dione Protocol Blockchain speed (To 20,000+ TPS)
Update and optimize Consensus (if possible)
Increase security for sensitive data
Design Efficient Blockchain structure
Current Progress
1. Design structure for subnets
Subnets structure is the most important way to increase the Dione blockchain Transactional throughput. Currently we’re working to design and develop the most efficient structure for the Dione network aligned with internal planning documentation. This structure will be shared at the end of this milestone. (End of April)
2. Run tests for consensus optimization and designed structure
In the meantime, we are working on testing how flexibility of the design structure can increase blockchain Transactional Throughput. Also, we are working on consensus optimization. Our test results will be sent at the end of this milestone once subnet configuration is solidified.
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