The Innovators: Building a Real Layer One for Real Life

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The Innovators: Building a Real Layer One for Real Life

John Biggs

Oct 15

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Today’s guest is Jeff Mahoney, chief architect at RYT Blockchain. He is building a layer one that aims at the dull hard parts of the world, not hype. Banking rails, national IDs, medical records, and scheduling. Work that breaks if you miss a deadline by 100 milliseconds.

RYT’s pitch is simple to say, hard to ship. A base chain that is energy light, with small node footprints, fast finality, and no gas fees. Their consensus is new, they call it proof of majority. Validators live with every node, so you can join from a phone. The target is clear. Process what the real world demands. He says 2,700 transactions a second with sub 100 millisecond epochs as a floor. Their test beds, he says, run over 40,000 transactions a second...