~/talk

General Purpose vs App Specific Systems

Talkat Pragma San Francisco 2024 · 2024-10-16..10-17· [web3, software-architecture]
slides:none on file

Argues that neither pure general-purpose chains nor fully bespoke app chains win universally and that domain-specific chains hit the middle ground by reusing EVM tooling while allowing VM and block-parameter tweaks; shows tooling like custom L2 rollups (OP Stack examples, Cairo/Noir, Miden) and a minimal rollup SDK that builds app L2s; surfaces trade-offs—sequencer fees >$10M as a revenue driver, decentralization and silo risks, high infra cost—and frames a decision via three decision questions: tech limits, resource cost, value capture.

AI-written summary · about

  1. 0:00Intro - General Purpose vs App-Specific Systems
  2. 0:49Speaker Intro - Kautuk Kundan & Stackr Labs Overview
  3. 1:18General vs Specific Systems Explained with Examples
  4. 2:11Defining General Purpose & App-Specific Systems
  5. 2:40Advantages of General Purpose Systems (Ethereum, Solana)
  6. 3:38Limitations of General Purpose Blockchains & ZK VMs
  7. 4:32Benefits of App-Specific Blockchain Systems
  8. 5:29Innovation Examples from App-Specific Systems (Formula 1)
  9. 5:58Examples of App-Specific Chains & ZKMs (dYdX, Cairo, Noir)
  10. 6:30Challenges & Limitations of App-Specific Systems
  11. 7:23Common Issues: Silos, Niches & Resource Intensiveness
  12. 8:19Finding Balance: Domain-Specific Chains as a Solution
  13. 9:14Domain-Specific Chains Defined & Explained
  14. 9:43Benefits & Examples of Domain-Specific Blockchains (OP Stack)
  15. 10:40The Future: App-Specific Chains with Better UX & Tooling
  16. 11:06Rise of Domain & App-Specific Chains in Blockchain
  17. 11:35How to Choose Between General & App-Specific Systems
  18. 12:28Evaluating Resource Costs for Blockchain Projects
  19. 13:21Path to Building an App Chain (Decision Mindmap)
  20. 13:47App-to-App Chain Cycle Explained (John Sharp Model)
  21. 14:12Real-World Examples of App-to-General Chain Evolution (AO)
  22. 14:44Stackr Labs SDK Overview - Custom L2 Rollups
  23. 15:14Why Projects Launch Custom L2s: Value & Revenue Capture
  24. 15:43Revenue Data: Sequencer Fees & Value Capture
  25. 16:11Decentralization Issues with Custom L2 Sequencers
  26. 16:38"Fat App" Thesis: Shifting Value Capture to Applications
  27. 17:03Cost-Benefit Analysis: App Chains, Domain Chains & Sequencing
  28. 17:30Value Capture Examples: Blast & App-Specific Sequencing
  29. 17:58Final Thoughts & Advice for Blockchain Infrastructure Devs
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