Encode x Polkadot Summer Educate 2024 - A High-Level look at Asynchronous Backing
Learn about asynchronous backing and how it increases execution times and transaction capacities in the Polkadot network. In the fourth workshop of the Encode x Polkadot Educate Series Alberto Viera, Founder of PaperMoon and Moonbeam Core DevRel joins us to take us through a recent advancement in the Polkadot network, asynchronous backing.
Follow Alberto Viera here: / thealbertov19
For more check out the Encode x Polkadot Educate Series: https://www.encode.club/encode-polkad...
This is a four week programme focused on topics within Polkadot 2.0, a collection of recent network advancements: Agile Coretime, Elastic Scaling, and Asynchronous Backing.
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Here's what we covered
1. Understanding Parachains and Block Validation
How do parachains function in parallel to Polkadot's relay chain?
What are the three main steps of parachain block validation?
What is proof of validity (POV) and how do Merkle proofs work?
2. Asynchronous Backing Explained
What is parachain block backing and inclusion in asynchronous backing?
What is asynchronous backing and how does it differ from synchronous backing?
How does asynchronous backing improve execution times and transaction capacities?
3. Practical Implications and Future Improvements
How does asynchronous backing affect parachains like Moonbeam?
What are the limitations associated with the proof of validity (POV) size in asynchronous backing?
00:00 Introduction
01:22 Overview of Parachains
03:53 Parachain Block Structure
07:16 Parachain Block Validation Process
12:19 Understanding Proof of Validity (POV)
21:36 Synchronous vs Asynchronous Backing
29:46 Token Transfer Example
31:18 Execution Time and Block Capacity
36:51 Impact on Gas Fees and Validation
39:22 Moonbeam and Parachains
40:42 POV and Execution Time
45:59 ERC20 Token Transfer Example
52:14 Questions
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About Polkadot
Polkadot unites and secures a growing ecosystem of specialised blockchains called parachains. Apps and services on Polkadot can securely communicate across chains, forming the basis for a truly interoperable decentralized web. Read more here: https://polkadot.network/.
About Encode Club
Encode Club is a global community of top developers, professionals and talented students in Emerging Tech. Through leading educational programmes (educates, hackathons, bootcamps and accelerators) we help you advance your career and work with transformative companies. Read more here: https://www.encode.club/
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