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Exciting news with RenLabs: I hear some of the concerns of

other members and feel same way to some level.
@Loongy a lot of us got into REN (Republic Protocol) due to your leadership. You stepping away at this point means a big change in leadership. How do you envision your role in expanding Renvm ecosystem moving forward? Will you be actively working on projects that are built on top of Renvm? "Advising" seems a little vague of your involvement. This is big transition for REN and curious to get a little more detail on what your plans are in regards to Ren moving forward (if there is any more detail to share).

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First of all, congrats to you and the team, Loong. Do you have any rough estimates for Hyperdrive’s throughput and finality when MPC isn’t involved? Some Tendermint estimates are 10k TPS and 1s finality. Were there any compromises made to generic consensus to accommodate MPC? And how might TEEs affect performance?

chicobermuda
First of all, congrats to you and the team, Loong....

No compromises made, in fact we paid special attention to being reasonably efficient. I would guess we can match that speed if not beat it. TEEs do compromise speed a little. But, fun fact, you cannot run Tendermint in a TEE because they use some strange machine instructions that won’t compile (unless they’ve since changed that)

Loong (Will Never Ask For Keys or Mnemonics)
No compromises made, in fact we paid special atten...

> you cannot run Tendermint in a TEE You’re implying gateway shards will MPC in TEEs and Hyperdrive will run outside of them?

chicobermuda
> you cannot run Tendermint in a TEE You’re implyi...

Apologies, I meant Hyperdrive can, but the “official” cosmos implementation wouldn’t when we tried it. We had to work very closely with the TEE providers to find a patch (because we support Terra, there are some Cosmos dependencies there)

chicobermuda
> you cannot run Tendermint in a TEE You’re implyi...

Hyperdrive is definitely not going to be the bottleneck. The major bottleneck will be the MPC signatures. This is more or less solved by batching the data to be signed into a merkle tree and signing the root. This gives you exponential speed up.

Loong (Will Never Ask For Keys or Mnemonics)
Hyperdrive is definitely not going to be the bottl...

Right, but you only need sigs to mint/unlock on-chain. I’m referring to the class of apps that could do off-chain execution/settlement and let users keep funds in RenVM until they’re ready to unlock back to their chains. Those off-chain txs wouldn’t require signatures.

chicobermuda
Right, but you only need sigs to mint/unlock on-ch...

Depends on what they are! Apps will be able to use MPC signatures more arbitrarily than just for minting and burning

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