Liquid Stake with compassSOL for an 8.04% APY from staking, MEV + fees
Enjoy the freedom of liquid staking in Solana Defi while delegating your stake to the high performance Solana Compass validator. Stake or unstake at any time here, or with a Jupiter swap.
Benefit from our high staking returns and over 2 years experience operating a Solana validator, and receive additional yield from priority fees + MEV tips
Earn 6.8% APY staking with Solana Compass
Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 6.8% APY yield on your SOL, while supporting us to create new guides and tools. Learn more
Stake your SOL
- Click to connect your wallet
- Enter the amount you wish to stake
- Kick back and enjoy your returns
- Unstake from your wallet or our staking dashboard
Earn 6.8% APY staking with Solana Compass
Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 6.8% APY yield on your SOL, while supporting us to create new guides and tools.
Breakpoint 2023: High Performance Computing for Crypto
Published on 2023-11-09
Kevin Bowers discusses the importance of high performance computing in cryptocurrency, particularly focusing on speeding up ED25519 digital signature verification.
Summary
At the Breakpoint 2023 conference, Kevin Bowers, Chief Scientist at Jump Trading Group, delivered an engaging presentation on the intersection of high performance computing (HPC) and cryptocurrency infrastructure. Bowers provided insight into the growth and progress of the engineering team, highlighting their technological innovations in the past year. Crucially, the talk centered around the acceleration of ED25519 signature verification through data parallelism—an advancement that could significantly improve the efficiency and performance of cryptographic operations. Bowers elucidated the similarities between decentralized computing needed for cryptocurrency and traditional HPC, emphasizing the challenges posed by the "speed of light" in data movement.
Key Points:
The Significance of Data Parallelism
Data parallelism plays an essential role in HPC and now in cryptocurrency operations as well. A key theme of Bowers' talk was the juxtaposition of data movement versus computation within modern CPUs and GPUs. He explained that despite advances in hardware, the core limitation of computing power remains constrained not by computation but by the movement of data. This forms the basis for exploring and utilizing data parallelism to expedite cryptographic processes such as digital signature verification.
Understanding ED25519 and Its Application in Crypto
ED25519 is a digital signature algorithm that is crucial for the authenticity of messages within cryptocurrency networks. The algorithm, however, was not initially conceived with data parallelism in mind, making its inherent speed insufficient to meet the growing demand for high-performance crypto operations. Bowers underscored the importance of optimizing ED25519 for better performance, highlighting the significance of this endeavor for scalable and secure cryptocurrency applications.
Facts + Figures
- Kevin Bowers is the Chief Scientist at Jump Trading Group and leads the Firedancer Engineering Team.
- The team has significantly grown and improved upon technology innovations since the last Breakpoint.
- Bowers compares traditional HPC with the decentralized computing needed for cryptocurrencies.
- Modern x86 CPUs are described as distributed networks that emulate legacy CPUs using narrower vector cores.
- GPUs are described as distributed networks of wider vector cores that emulate the CUDA machine model.
- Hardware improvements in the past year augmented the trend of more parallelism due to constant latency limitations.
- An Intel CPU released in Q4 2022 is used to illustrate the physical constraints imposed by the speed of light on data movement.
- Data parallelism at the SIMD (Single Instruction, Multiple Data) level is the focus for accelerating cryptographic operations.
- ED25519 is an essential digital signature algorithm in the crypto world, with specific focus on scalability and performance.
- The talk aimed to clarify misconceptions about Galois fields, arguing they are simpler than typically presented in academic literature.
Top quotes
- "High performance computing has required decentralized compute even within individual cores because CPUs have been large-scale distributed systems for decades."
- "Computers today are more limited by how fast they can move data than by how fast they can crunch that data."
- "Making a CPU with a ton of cores is much easier than feeding those cores and keeping them cool."
- "Minimizing machine footprint, minimizing IO cost, minimizing power usage, maximizing performance is worth the developer effort for large scale mission critical code."
- "In the real world, compute is cheap and data motion is expensive."
Questions Answered
What is data parallelism and why is it important in cryptocurrency?
Data parallelism refers to the processing method where the same operation is performed simultaneously on multiple data points. It's important in cryptocurrency because it leverages the computational power of modern hardware to rapidly perform essential cryptographic functions across large datasets which is crucial for maintaining fast and secure transactions.
How does ED25519 fit into high performance computing for crypto?
ED25519 is a digital signature algorithm that's vital for confirming the authenticity of transactions within cryptocurrency frameworks. Its acceleration through data parallelism can significantly enhance the speed and efficiency of verifying transactions, a process that currently limits performance due to its computational intensity.
What challenge does the 'speed of light' pose in high performance computing?
The 'speed of light' is a metaphor used to describe the limitations on data movement speed within CPUs and other hardware components. Despite continued advancements in processing power, the latency, or delay, inherent in transmitting data over the physical distances inside chips, remains a constant challenge.
Why should developers focus on data over computation in their programming for cryptocurrency applications?
Emphasizing data movement over computation allows for greater efficiency in executing cryptocurrency transactions. Due to physical limitations within hardware, data transfer proves to be a costly operation in terms of time and resources. Optimizing data movements can thus lead to substantial gains in overall system performance.
How did Kevin Bowers clarify the concept of Galois fields?
Kevin Bowers demystified the concept of Galois fields by stripping away the complex academic jargon typically associated with them. He explained that the mathematics of Galois fields are simple and directly applicable to binary computer systems, making them integral to optimizing cryptographic functions like ED25519.
On this page
- Summary
- Key Points:
- Facts + Figures
- Top quotes
-
Questions Answered
- What is data parallelism and why is it important in cryptocurrency?
- How does ED25519 fit into high performance computing for crypto?
- What challenge does the 'speed of light' pose in high performance computing?
- Why should developers focus on data over computation in their programming for cryptocurrency applications?
- How did Kevin Bowers clarify the concept of Galois fields?
Related Content
Breakpoint 2023: Power Talk: Hubble Protocol
A deep dive into the potential and challenges of DeFi protocols, with insights from a Hubble and Kamino Protocols contributor.
Breakpoint 2023: Fast Reed-Solomon Coding for Network Communications
A technical discussion on enhancing global network communications via accelerated Reed-Solomon coding.
Breakpoint 2023: Next Gen Blockchain: Builders of the Future
Nathan Galindo discusses the impact and future of Solana University, its integration in academia, and the Solana ambassador program.
Breakpoint 2023: Redefining Music Ownership
An exploration into Boombox Labs' mission to reshape music ownership and fan interaction in the digital age.
Validated | Rethinking High Performance Computing with Kevin Bowers
Dive into the world of high performance computing with Jump Trading's Kevin Bowers as he discusses Firedancer, Solana's second validator client, and the future of blockchain technology.
Breakpoint 2023: Stablecoin Panel
Experts from the stablecoin sector discuss the future of money, cryptocurrency interoperability, and regulations.
Breakpoint 2023: Web3 Security and Best Practices
An in-depth look at securing the Web3 environment with industry best practices and tools.
Breakpoint 2023: Is DePIN the Catalyst for Widespread Adoption of Web3?
Michael Sothan discusses the potential of decentralized physical infrastructure networks (DePIN) in revolutionizing Web3.
Breakpoint 2023: Governance and the Building Blocks of a DAO
Exploring the significance of decentralized governance and the challenges facing DAOs in the cryptocurrency ecosystem.
Breakpoint 2023: How MetaKeep Onboarded 4.3 Billion People to Web3
MetaKeep's strategy to revolutionize and simplify blockchain technology adoption.
Breakpoint 2023: How Solana Empowers Consumer Data Sovereignty
Hugh Rhodes of Friday discusses how Solana blockchain can reshape consumer data control and privacy.
Breakpoint 2023: Metaplex Fireside Chat
Metaplex Foundation discusses their strategic advancements and future vision for NFTs on Solana, aiming for increased adoption and ease of use.
Breakpoint 2023: Political Advocacy From the Pros: What Effective Engagement Looks Like
Discussions from industry experts on the complexities and strategies of crypto advocacy in the US and EU.
Breakpoint 2023: Soonerâ„¢ Climate Challenges and Opportunities of Blockchain
An exploration of climate challenges and potential roles of blockchain technology for a sustainable future.
Breakpoint 2023: Removing the Risk from DeFi
Former CEO of Amulet addresses the risks in DeFi and proposes a solution inspired by successful FinTech models.
- Our Validator
- Borrow / Lend
- Liquidity Pools
- Token Swaps & Trading
- Yield Farming
- Solana Explained
- Is Solana an Ethereum killer?
- Transaction Fees
- Why Is Solana Going Up?
- Solana's History
- What makes Solana Unique?
- What Is Solana?
- How To Buy Solana
- Solana's Best Projects: Dapps, Defi & NFTs
- Choosing The Best Solana Validator
- Staking Rewards Calculator
- Liquid Staking
- Can You Mine Solana?
- Solana Staking Pools
- Staking On Solana
- How To Unstake Solana
- How To Unstake Solana
- How validators earn
- Best Wallets For Solana