SOON is the most efficient Solana Virtual Machine (SVM) rollup delivering high performance on any L1 ecosystem. The execution layer uses a Decoupled Solana Virtual Machine (SVM) as opposed to the forked SVM framework used by most SVM projects. The derivation pipeline and dispute game are implemented according to the OP Stack specs. SOON’s mission is to create the highest throughput roll-up stack using the SVM, accelerating SVM adoption, bringing costs down by 10x, and unlocking use cases across ecosystems.
SOON will also launch its own mainnet on top of Ethereum, further promoting SVM adoption and retaining developers in the ecosystem. The project is closely aligned with Anza, a Solana Labs spin-off, using SVM specs from the Agave repo as a reference.
SOON is backed by the most well-respected angel investors in the space including Toly, Anatoly “Toly” Yakovenko, Co-Founder of Solana Labs; Lily Liu, President of Solana Foundation & Founder of Anagram Ventures; Jonathan King, Principal at Coinbase Ventures; Mustafa Al-Bassam, Co-Founder of Celestia Labs; Amrit Kumar, Co-Founder of AltLaryer; Prabal Banerjee, Co-Founder of Avail, and other prominent builders.
The Solana Virtual Machine stands at the heart of the Solana blockchain’s operations, playing a crucial role in handling transactions and the execution of smart contracts, also known as programs.
The SVM propels Solana ahead in performance metrics. It achieves this by translating the smart contract code — authored in programming languages including Rust, C, and C++ — into BPF (Berkeley Packet Filter) bytecode. This translation streamlines the processing of transactions by the validators within the network.
The deployment of the Solana Virtual Machine exemplifies Solana’s innovative approach to blockchain technology. By optimizing transaction processing and smart contract execution, Solana ensures high throughput and reduced latency.
High-Performance Parallel Processing:
The Decoupled SVM separates execution from consensus, maximizing parallel processing and significantly boosting throughput. This enables fast, efficient transaction finality, ideal for high-frequency trading and decentralized exchanges.
Decoupled SVM:
SOON's Decoupled SVM framework removes Solana's consensus, controlling the Transaction Processing Unit (TPU) at the rollup node level. This enhances security, reduces data availability usage, and improves derivation performance.
Configurable Data Availability:
SOON Stack offers flexible data availability, allowing users to choose from layers like Celestia, EigenDA, and Avail, optimizing data handling for specific needs. Celestia will be used for SOON Mainnet.
Enhanced User Experience:
SOON ensures a smooth dApp experience with low-latency transaction processing and Solana’s localized fee markets, reducing congestion and ensuring stable fees for users.
Permissionless Fraud Proofs:
Using the OP Stack’s fraud proof system, any user can challenge state disputes on L1, ensuring valid transactions and maintaining security in SOON’s Layer 2.
Ecosystem Advantage:
SOON’s diverse ecosystem spans Eastern and Western projects, leveraging SVM to create a highly performant environment for dApp growth.
You can submit your project through the link below:
https://earn.superteam.fun/listings/bounty/soon-genesis-hackathon/