Lava Network: Decentralising RPC and Node Providers
The monolithic blockchain era appears to be sunsetting. Among the first to contribute to this paradigm shift was Cosmos, which introduced the idea of specialized sovereign blockchains (appchains), made possible by the Cosmos SDK. Nowadays, the modular thesis employs external data availability and even execution solutions, which enables the creation of countless new chains. Each new blockchains comes with its own ‘specs’, and centralised RPC and node providers have to adapt to each chain’s setting. However, the saying ‘Jack of all trades, master of none’ applies in this scenario too - we have often witnessed RPC failures during high demand periods. Lava Network aims to provide a competitive marketplace for RPC and node providers, which would compete based on their performance and user feedback.
We were joined by Gil and Yair to discuss Lava Network’s RPC decentralisation in the modular, multi-chain landscape.
Topics:
- High-level overview of Lava Network
- What problem Lava Network solves
- Decentralised marketplace for RPC providers
- Quality of centralised vs. decentralised RPC providers
- Gateways
- Lava Network participants
- Specs & APIs
- Quality of service & provider optimizer
- How services are priced
- Relayers
- Modularity & chain abstraction
- Magma & Lava mainnet