Skip introduces a new way to build blocks on Cosmos

Share This Post

Blockchain infrastructure provider Skip Protocol has released a new software development kit (SDK) aimed at giving block builders modular control over the order of transactions.

Named The Block SDK, the new toolkit features a set of primitives for the Cosmos SDK and ABCI++, which allows chains to customize their blocks. 

Cosmos chains today rely primarily on a conventional block construction method called CometBFT which has limited applicability.

The typical implementation of CometBFT block construction faces vulnerabilities linked to maximal extractable value or MEV. This presents challenges like transaction frontrunning and sandwich attacks. 

The Block SDK is designed so that individual blockchains can turn their blocks into so-called lanes, each with its own unique functions, according to Maghnus Mareneck, the co-founder of Skip.

“The lanes have their own verification, inclusion and ordering rules.They can be tailored towards transactions related to MEV, Oracle updates, light client updates [for example], you can configure each lane to treat transactions differently, and you can order lanes relative to each other,” Mareneck told Blockworks.

Building blocks

Usually, when using a blockchain, a transaction is submitted from the frontend, orderflow, or relayer and stored in the mempool. 

The mempool is eventually executed as a block, wherein the transaction will be iterated in order and executed against the transaction. 

According to Mareneck, it’s at the mempool layer that Skip’s new kit has an impact. 

A transaction that comes into the mempool layer is normally added to the end of a long list of transactions, he explained. With The Block SDK, transactions are filled in different places and matched to different lanes.

“The mempool then becomes a block proposal and sent to all validators. Because the validators have the same sort of mempool structure, they can see if the proposer did the right thing with each transaction,” Mareneck said.

Orienting block space for apps

The overall purpose of this new SDK, Mareneck argued, is to accelerate the thesis that app chains are powerful, especially when compared to monolithic blockchains wherein all functionality exists on the base layer.

“[App chains] can orient their block space to their application,” he said. “If you’re a super high-speed order book chain, you might require a different mempool structure than a generalized smart contract chain [for example].”

The Block SDK is live on mainnets among several smaller blockchains in the Cosmos ecosystem, according to Mareneck.

He said the Skip team is also in conversation with larger app chains on Cosmos, including Cosmos and Neutron, about adapting its toolkit.


Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.

Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief.

Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on Google News.

Source
Skip introduces a new way to build blocks on Cosmos is written by Bessie Liu for blockworks.co

Related Posts

Exploring On-Chain Lending and Borrowing: Unleashing the Power of Decentralized Finance (DeFi)

On-chain lending and borrowing are revolutionary financial services facilitated...

What is restaking, and how to restake Ethereum to boost rewards?

In proof-of-stake (PoS) blockchains such as Ethereum, the network’s...

If you still think bitcoin is scarce, you’re suffering from fiat brain

Bitcoin is not scarce and it’s not going to...

Solcraft Ecosystem Preparing to Launch the $SOFT Utility Token on Solana Blockchain

Solcraft, a new crypto project that fuses Minecraft and...

Demystifying Staking and Validators: The Pillars of Proof of Stake Consensus

Staking and validators are integral components of proof of...
ethereum
Ethereum (ETH) $ 3,222.76
bitcoin
Bitcoin (BTC) $ 66,000.68
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 0.510696
binance-usd
BUSD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.481158
dogecoin
Dogecoin (DOGE) $ 0.164501
litecoin
Litecoin (LTC) $ 80.99
solana
Solana (SOL) $ 154.74