Hi POA community!
I’m Nikolaj from the integrations team at Maker. We are experimenting with creating a solution that produce a higher tps throughput of ERC20 tokens than is currently available on the Ethereum mainnet, in order to meet partner demand in terms of high volume of Dai transactions.
xDai chain already offers greater tps than mainnet, while being easy to implement services on top of, however we are interested in seeing if we can push the boundaries even further. Therefore we are interested in setting up a test xDai chain with a larger block size, to ideally allow for +1500 tps of ERC20 tokens.
My proposal: Setup new test xDai chain with new parameters
- Increase block size to at least 133 m gas
- Keep block time at 5 s
- Whitelisting (to ensure specified actors get necessary throughput)
- The goal is to achieve +1500 TPS (ERC20 token)
We are investigating creating a Gitcoin bounty to research the ideal chain specification to reach the goal.