- Designed to take advantage of layer 2 innovations, but trustless resolution at layer 1 of the blockchain infrastructure remains an option
- Agnostic as to the identity of the dispute moderator
- Testing with the Galileo web app
- … plus Galileo updates
We’re pumped this month to announce significant technical progress on the Hypernet Protocol as we ramp up towards testnet!
In our last monthly update we demonstrated the HyperConnector, which facilitates connections between the Protocol and applications. We are now excited to demo the Protocol’s dispute resolution process, which represents a significant technical milestone.
After completing initial development of the dispute resolution architecture, we are currently carrying out tests with the Galileo web app, an example of an application that can consume the Protocol. Integrated with Galileo, the Protocol offers a method of resolving potential disputes between computing resource providers and consumers.
In the video, Todd Chapman demonstrates dispute resolution as well as the HyperConnector logic, which allows Galileo to accept Hypernet payments and links the Protocol to the software and hardware services delivered through the app.
User experience, as always, was at the front of our minds during development. The Hypernet Protocol / Galileo integration is designed to resolve disputes at layer 2 of the blockchain infrastructure, which means that they can be resolved almost instantaneously and without gas fees. While a fully trustless procedure would, in most cases, need to take place at layer 1, the layer 2 solution provides the relatively frictionless user experience that we believe is required to support a marketplace for computing resources and which is often lacking in the blockchain space.
If dispute resolution fails, for some technical reason or due to moderator unavailability, layer 1 or on-chain resolution is an option. This increases the time duration of the resolution process, and there is a cost since it requires the changing of states on the chain. It is, however, a completely trustless procedure, and dispute resolution is assured on Ethereum.
The Hypernet solution is innovative in that it is agnostic as to the identity of the dispute moderator. In the paradigm we have developed and are testing, applications consuming the protocol have the flexibility to designate and configure their own appropriate moderator. Candidate moderators include smart contracts (making layer 2 dispute resolution trustless), various types of oracles, or a person or company acting as validator for applications lacking a cryptographic proof-of-service, among others.
The dispute resolving entity is later mutually agreed upon by transaction participants at the moment of payment initiation. In this way, the Hypernet Protocol is designed to be extremely adaptable and capable of accommodating many different applications and resource providers.
While we make great technical strides towards testnet, we continue to work with software partners to make Galileo general and adaptable tool for the deployment of computational work. Our CTO Todd Chapman recently had the pleasure of presenting Galileo at the International Conference on Water Management Modeling, which showcased 32 presentations and over 80 presenters.
At the conference, Todd presented Galileo as a scaling solution that addresses several major challenges facing engineers working with computationally intensive 2D hydrodynamic models. You can access Todd’s presentation here.
The conference was an excellent venue for the release of the deployment pipeline we built in collaboration with Computational Hydraulics International (CHI), the creators of the popular PCSWMM water resources engineering software.
As we push ahead, keep an eye out for upcoming announcements about the testnet, which will be rolled out in waves until it becomes fully public. Participants in the initial stages can look forward to curated technical discussions with the team, testing events, and conversations about software integrations.
Join the waitlist to participate in our computing marketplace testnet by dropping us a line at firstname.lastname@example.org.