Introducing Palm Sidechain
summary
Palm is an EVM-compatible NFT sidechain built on Hyperledger Besu with IBFT rotating proof-of-authority validators, trading decentralization for predictable gas and high throughput (currently 100–300 TPS, tested to 10,000 TPS). The live bridge moves ERC-721s between Ethereum and Palm in under 15 minutes at peak, though it presently only supports 721s. Storage uses IPFS/Filecoin via Protocol Labs and Infura hosts nodes. Recent launches: a 10,000-piece Damien Hirst drop (35k applicants for ~70k mints) and Warner Bros. drops hitting 90k+ claims in hours.
AI-written summary · about
chapters (6)
- 0:00Start
- 1:37NFTs Have Reached their MVP Debut From fringe fad to home for licensed content, NFTs have only just entered the market, but will evolve into the future fan activation tool for leading media brands
- 3:18Palm Network, the NFT-Optimized Sidechain The Palm Network is an NFT-optimized Ethereum sidechain designed specifically for the arts and entertainment Industries and the open Ethereum ecosystem
- 5:12Proven Tech, Fit-for-Purpose The Palm Network is built on the back of proven, enterprise-grade blockchain technologies developed by leading protocol engineers
- 7:01Built with the Open Ethereum Ecosystem The Palm Network was designed for the Ethereum ecosystem, our technology and launch partners make it easy for the 130+ million users and thousands of applications to start using the network
- 8:31Designed for DApp Portability An Ethereum-compatible design means DApps and assets built for Ethereum can seamlessly port to from the Palm Network
related talks
24mNFTs: Ethereum’s Killer App
43mScaling & Interoperability Panel
23mScaling Wars: The Race to Speed Up On-Chain Infrastructure
26mPLN Ecosystem Overview: All the things you can build on
17mEntering the Cross-Chain Era
36mThe Future of Sidechains
27mMulti-Chain Future - An Evolution Toward Specialization and Interconnectivity
25m🛠 Making Data Useful with Decentralised Compute