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Recently, while inventorying some underexplored blockchain infrastructure, I discovered an interesting phenomenon—many issues that block public chains are not actually performance ceilings, but rather problems that stem from a distorted architectural design from the very beginning.
Some time ago, I revisited a Layer1 technical solution that focuses on native parallel execution. The V4 testnet is now live, but it hasn't gained much attention. Public chains that emphasize parallel execution are actually worth paying attention to from an investment and research perspective—different execution models lead to completely different performance ceilings.
The most critical factor to consider is whether the underlying design of the execution layer truly supports parallelization, rather than relying on patches applied later. This determines the real performance limit. Many infrastructure projects happen to get stuck at this stage.
But to be honest, why are those public chains that focus on parallel execution so unpopular? The market isn't stupid; maybe they just aren't that competitive.
The underlying design determines the ceiling, and I agree with that. But the problem is, how many chains really want to get this right from the ground up? Most still prioritize fundraising first.
Patchwork fixes and architectural changes later are just ridiculous. I would directly pass on such projects.
Architecture design determines the ceiling from the very beginning; patches later are useless. This point really hits home.
V4 is already online, yet the buzz is still cold? Either there's a real problem or the marketing is too poor.
Parallel execution sounds impressive, but how many can really run effectively? I'm still cautious and observing.
If the underlying design of this kind of infrastructure is flawed, no matter how much you optimize, it can't be saved. It's really heartbreaking.