Recently, everyone has been on Soon @ soon_svm, it looks like they're really coming soon!!! After all, the current rumored buff is CZ forwarding+Hack VC leading the investment of 2200W. In addition, Kucoin also went on pre-market trading a week ago, and the average transaction price is around 0.4U. The price of NFT holders is about 0.3U, and it seems that they can basically recoup their investment. Remember @ soon_svm said before that making SVM greater than greatness! Perhaps most people are familiar with ETH's EVM, while SVM has been less discussed. In fact, the core of SVM is the innovation and modular application of SOL virtual machine technology, combined with the extension mechanism of Rollup, resulting in a product. Let's also talk about our views on SVM based on our own opinions! 🌟 Advantages of SVM Transaction processing capability SVM inherits the Sealevel parallel execution engine from SOL and supports multi-threaded processing of non conflicting transactions, with a measured throughput of up to 30000 TPS. The throughput of ETH is only around 2000-5000 TPS. This means that on the SOON main network, the block generation speed is 6-15 times faster than on ETH, which can meet the needs of high-frequency trading and real-time trading. decoupled architecture By using Decoupled SVM technology, the consensus layer can be separated. SVM can be independently deployed on different L1 chains such as Ethereum and BNB Chain. At present, BNB's testing network environment has also been launched. Utilize its efficient execution and main network security to avoid SOL main network congestion issues. Customizable data availability Support multiple DA layer selections, such as Eigenda, Avail, etc., which can be flexibly configured according to their own costs and security requirements. The soon to be built stack can be used to quickly deploy rollups specific to deposits or AI through modularization. Cross chain transactions By using the InterSOON protocol, assets can be seamlessly connected in chains such as SOL, ETH, and TON, avoiding liquidity fragmentation. Proof of Assets Using SMT for state commitment, combined with DAC storage chain data, verifying data integrity through KZG, reducing the burden on the main chain while ensuring asset security. Low cost interaction Through Rollup's off chain computing and batch submission mechanism, transaction costs are 1% -10% of SOL mainnet, significantly reducing transaction fees. 🌟 Disadvantages of SVM SVM sollup requires coordination of multiple modules during operation, which increases the complexity of development. The technical requirements for the project party are relatively high. The existing zero knowledge fraud proof requires parallel adaptation of SVM, which may reduce verification efficiency. There is a conflict between the high computational cost of ZKP and the low transaction cost of SVM. The requirements for traditional EVM developers are too high, while SVM is compatible with multiple chains. But if EVM developers need to migrate, they need to learn Rust language and Sol development paradigm. The migration threshold is too high. The cross chain ecosystem mainly relies on third-party bridging, but some main networks have not yet integrated zero knowledge proofs and only rely on multi signature verification, which poses security risks. Although decoupling SVM can be used to optimize the data availability layer, customized development is required, which will increase deployment costs. Moreover, SVM requires high-performance nodes to run the Sealevel engine, and ordinary validators may actually leave the ecosystem if they encounter hardware shortages or other situations. 💰 Token allocation According to the currently disclosed information, the initial total supply of SOON is 1 billion pieces (with an annual inflation rate of 3%), and the community allocation ratio is 51%, which will be distributed through fair launch. In addition, ecosystem allocation accounts for 25%, airdrop and liquidity allocation accounts for 8%, foundation/treasury allocation accounts for 6%, and team and co builder allocation accounts for 10%. SOON token distribution adopts a fair start model: there are no pre mined tokens, no pre distribution to teams or private investors, and venture capital firms have no special rights or opportunities. I personally believe that although SVM has significant performance advantages, it still needs to be optimized in the developer toolchain, such as providing bidirectional compilation for EVM-SVM. By using cross chain standardized protocols to unify bridge interfaces, security risks can be reduced. Providing developers with more support for lightweight nodes is essential for improving the ecosystem.