Solayer Develops InfiniSVM

Solayer, a restaking protocol in the Solana ecosystem, is developing InfiniSVM, a hardware-accelerated Solana Virtual Machine (SVM) blockchain.

Termed “the grand finale of Solayer’s vision,” the protocol has published a litepaper on the solution. It claims that once launched, InfiniSVM will dynamically scale to meet application demands while maintaining a transaction confirmation time of just 1 millisecond.

SVM is the software infrastructure on the Solana blockchain, capable of handling thousands of transactions per second using a parallel processing model for decentralized applications. This architecture differs from Ethereum’s Virtual Machine (EVM), which employs a sequential processing model.

Initially, Solayer functioned as a restaking protocol similar to Ethereum’s EigenLayer and currently holds nearly $400 million in total value locked. The protocol secures other dapps through the economic value of SOL staked on the platform. It is now expanding to develop its own SVM blockchain.

This development coincides with Solayer’s introduction of a non-profit foundation, which is expected to roll out a governance token.

InfiniSVM will feature a multi-execution cluster architecture using software-defined networking, supporting throughput up to 100Gbps. It will utilize a hybrid “proof of assigned stake” consensus mechanism to coordinate a network of provers for high-speed transaction verification.

The Solayer team explained that its SVM will horizontally scale Solana’s network infrastructure and meet the bandwidth requirements of decentralized applications.

Additionally, Solayer plans to integrate native yield-bearing assets such as sSOL and sUSD into InfiniSVM, allowing users to stake these assets on the network.

Projects Extending SVM Beyond the Solana Mainnet

While the SVM has traditionally been tied to the Solana mainnet, a new wave of projects is exploring its capabilities in novel ways, extending its reach beyond the main blockchain through alternate SVMs.

An alternative SVM instance, like InfiniSVM, operates independently of the main Solana network. These alternate SVMs can create Layer 2 solutions or even entirely new blockchains that leverage the SVM’s performance while offering separate functionalities.

Besides InfiniSVM, Eclipse is another project utilizing SVM for a Layer 2 solution on Ethereum, focusing on faster transaction processing and reduced gas costs by bundling transactions off-chain and settling on the mainnet.