Kick out the EVM: How we hit 42 million payments/s on a purpose-built L2

Video

Most L2s inherit the EVM and its limits. What happens if an L2 does exactly one thing? We built Paychannels, a payments-only L2 on Polygon that scales as a fleet of independent hubs, to find out. Throughput scaled linearly: every server we added contributed about 450k payments/s. On 100 commodity servers it sustained over 45 million fully verified payments/s, each confirmed in about 20 microseconds.

Using that system as a case study, this talk covers:

- what specialization unlocks: orders-of-magnitude throughput, near-zero fees, blinded state with selective disclosure, and KYC/sanctions policy enforced in the protocol

- freedom to choose your own cryptography, including post-quantum signatures

- what you give up, and how to benchmark it honestly

We then trace the same pattern through non-EVM, app-specific L2s like Lighter, and end with a practical test for when your app should leave the EVM.

Speakers: Mudit Gupta

Track: Users, Builders, and Agents

Watch on YouTube ↗

Video Solana Short

Build the Future of Stablecoins

Solana Request for Startups: Nemil Dalal, Visiting Partner, Y Combinator Stablecoins are turning money into something that can move across the internet. But there’s still a lot to build...

Video Bankless

Why Stablecoins Need to Move Beyond the Dollar

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY2 https://bankless.cc/spotify-premium --- What if the next stablecoin boom isn't in dollars? Ripio co-founder and CEO Sebastian Serrano...

Video Ethereum Foundation

Building the Ethereum Universal Signer

This presentation will start with a quick description of the problem : what is missing from hardware wallets today regarding protocol support and user interface, and what has been built...

Video Ethereum Foundation

Opening - Welcome to Devcon India!

Devcon India Overview - Don’t miss the Devcon Opening Ceremony, where we’ll set the stage for an incredible event ahead! Speakers: nethan