Phore Synapse: A Scalability Game Changer?
Phore’s next-generation sharding protocol, Synapse aims to introduce an advance Proof-of-Stake sharding architecture that will significantly increase transaction speeds. The protocol which was launched on testnet since May 14 which become the project’s foundation for smart contracts and token generation.
Synapse will be introducing validator nodes whose functions will be different from Phore’s current masternodes setup. Phore’s current masternode architecture requires the locking of 10,000 PHR as collateral. Although the network features both staking and masternodes, stakers validate transactions, rewards are distributed to both stakers and masternode operators and they both need to be at sync with the entire blockchain.
Synapse wants to achieve unprecedented transaction speeds by allowing validator nodes to perform staking, additional functionality to Phore’s traditional masternode duties. Validators nodes do not need to be at sync the entire blockchain. Instead, they will be synced with the mainchain (beacon) only once, and operate from a shared peer-to-peer network on the same node client subsequently. By taking away the need to sync the full blockchain, the network will have sufficient resources to perform other network tasks.
Once a specific task is assigned to a validator node, the node will be required to quickly sync the shard and keep the state for the period it will be worked upon. A specific shard will comprise of a large committee of validator nodes – typically 100. Upon completing the task and getting reassigned to another shard, the validators do not need to keep the state of the previous shard.
In general, validators nodes can stake, propose blocks, vote to validate blocks and then give attestation signatures back to the beacon chain.
Phore has also hinted that the collateral for running a validator node will be significantly lower than what is currently needed to operate a masternode.