**Exciting News from Zug, Switzerland – February 27th, 2025!**
Chainwire Supra, a fully integrated Layer-1 blockchain that boasts MultiVM support, in-protocol oracles, native on-chain randomness, cross-chain communication, and automation capabilities, is thrilled to share the release of a groundbreaking research paper introducing “SupraSTM.” This innovative approach to parallel execution significantly boosts transaction processing for the Ethereum Virtual Machine (EVM) and comes with a host of impressive features.
The research paper, titled “Access Specification Aware Software Transactional Memory Techniques for Efficient Execution of Blockchain Transactions,” reveals a remarkable advancement in blockchain execution that could allow the Supra Layer 1 blockchain platform to process transactions up to 400% faster than traditional sequential models. Unlike other solutions, such as the pEVM (Parallel Ethereum Virtual Machine) based on Aptos’ BlockSTM, SupraSTM effectively eliminates unnecessary transaction retries and proactively prevents conflicts before execution, marking a significant leap forward in scalability and efficiency.
“This research represents a pivotal moment in Supra’s journey to redefine blockchain capabilities,” stated Joshua Tobkin, CEO and Co-Founder of Supra. “We are tackling essential Web3 challenges by embedding superior execution models directly into our Layer 1 blockchain. With the advancements brought by SupraSTM in scaling the EVM on Supra, we are making another important stride toward a truly scalable and efficient decentralized future.”
**Tackling the Challenges of Current Parallel Execution Models**
Layer 1 protocols like Ethereum typically execute transactions in a sequential manner. While this guarantees deterministic execution, it can lead to performance bottlenecks, particularly during times of high network congestion. Recent innovations, such as Aptos’ BlockSTM and the Parallel Ethereum Virtual Machine (pEVM), have introduced speculative parallel execution models. These models aim to execute multiple transactions at once while assuming minimal conflicts; however, when conflicts do occur, they must abort and re-execute the conflicting transactions. While this represents progress from the traditional sequential execution of the EVM, it introduces significant overhead due to re-executions and retries, which can degrade performance during peak congestion.
SupraSTM transforms this process by employing a new “Specification Awareness” method that utilizes a Bytecode Analyzer to predict and prevent conflicts before execution begins. Unlike speculative models that identify conflicts after they happen, SupraSTM can proactively organize transactions in a conflict-aware manner, ensuring efficient execution without unnecessary rollbacks.
SupraSTM brings a fundamentally enhanced approach to blockchain execution by:
– Preventing conflicts before execution rather than resolving them afterward.
– Utilizing a conflict-aware scheduler that intelligently sequences transactions for optimal performance.
With these advancements, Supra is paving the way for a more efficient and scalable blockchain future!
