Lecture Notes on Supra Blockchain

Introduction

• Supra is a new blockchain technology, combining elements of Solana, Chainlink, and Layer 0.
• Backed by major names like Coinbase and Hashkey.
• Currently services over 60 chains and has 156 decentralized applications (dApps) in use.
• Promises rapid market cap growth, potentially faster than Bitcoin.

Josh Topkin's Background

• Began building on the internet at age 11.
• First startup was in the online poker space, focusing on rakeback services.
• Experience in SaaS and cloud-based products.

Understanding Supra

• A fully vertically integrated Layer 1 blockchain.
• Combines features of a smart contract platform and oracles.
• Offers native oracles, cross-chain communication, on-chain randomness, and automation.
• Focuses on single stack, tiered security, and extreme performance.

Key Features of Supra

• Moonshot Consensus: High-performing consensus algorithm with extreme throughput and low latency.
• Developer Attraction: Offers unique functionalities that are not available on other platforms.
• Multi-VM Platform: Supports various programming languages like Move, EVM, and soon Solana VM.

Supra's Unique Selling Points

• Single chain platform with all necessary tools for developers.
• Shared security model and faster transaction finality compared to rivals like Solana.
• Supra containers allow developers to create isolated ecosystems with custom rules.

Advantages of Supra Containers

• Enable app chain experience without independently managing node networks.
• Allow custom gas tokens, pricing, and decentralized governance.
• Support composability for smart contracts within the same infrastructure.

Current Growth and Developer Activity

• Mainnet alpha launched in April 2023; mainnet live recently.
• 183 Memorandums of Understanding (MOUs) with various developers and projects.
• 10 applications about to deploy with many more in the pipeline.

Supra Token

• Acts as the gas token for the network.
• Powers services like price feeds and on-chain randomness.
• Consolidates value into one token, avoiding the fragmentation seen in other solutions.

Future Outlook

• Supra aims to be a top three cryptocurrency by market cap by 2030.
• Believes to have the potential to reach a trillion-dollar market cap faster than Bitcoin.
• Emphasizes the importance of vertical integration in blockchain technology.

Conclusion

• Supra is positioned as a revolutionary blockchain with integrated services, targeting developers and aiming for broad adoption.
• Focus on performance, security, and developer ease.

Final Thoughts

• For further understanding, explore white papers and delve into Supra's formal verification of safety and performance.
• Supra aims to bring the blockchain ecosystem to new levels of functionality and efficiency.