parallelchain-io / parallelchain-protocol

Specification for the ParallelChain (and ParallelChain Mainnet) blockchain protocols.
https://parallelchain.io
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Enhancement: Decrease Time per Block (e.g. to 1sec) to reduce latency and improve maximum transaction frequency #30

Open chilligerchief opened 5 months ago

chilligerchief commented 5 months ago

Please consider reducing the block time to a more competitive time (around 1sec). This would probably also include that the latency assumptions should be lowered as well (currently 2sec). I am sure, that the consensus protocol can handle such a time and it would make the chain more attractive for developers that don't want to rely on rollups and other scalability solutions to archieve scalability. You can still prevent a fractured ecosystem of semi-compatible scalability solution like Ethereum has.

Finally, I noticed that in the CLI, WebWallet and Browser Extension, the time to validate a transaction takes almost one minute. This seems like a bug, since blocks are indeed produced every ten seconds. Please fix this, it unnecessarily slows down time for testing.