Hello, Maciej here!

Taking a break from my mental health to focus on crypto.

Welcome to another edition of Multichain Matters! Here’s a brief breakdown of what happened this past month and things that are on the way ;)

Estimated read time: 1.75 minutes, 2.00 if you prefer a more relaxed pace.

🛠️ Scaling to 1M Settlements

Over the past months, we've been working to scale up the system's capacity to handle over 1 million settlements per day. A key part of this effort has been optimizing the transaction lifecycle by applying batching across all phases. We’ve successfully completed the batching of attested payloads, with all archives processed and the system keeping pace with the increasing traffic.

Recent Developments

1. Batching Optimization Across Settlements:

   • We've fine-tuned the batching logic for both bidding and executing orders. This makes transactions faster and more efficient, benefiting both executors and users. The focus is on cost reduction and improved speed without sacrificing reliability.

2. Redis Integration for Order Hit Tracking:

   • To track how many times an order has been processed, we've integrated Redis for managing order hit counts. This allows us to prioritize orders with higher rewards while respecting max hit limits. Orders are grouped intelligently, ensuring more efficient execution and better returns.

3. Handling High Traffic Efficiently:

   • We added logic to rotate orders intelligently across multiple requesters, preventing cases where some requesters receive empty results. This ensures even distribution of orders, especially during heavy traffic.

   • The codebase has been optimized to handle rapid requests efficiently, reducing delays and ensuring the system can keep scaling as demand increases.

4. Sorting and Grouping by Network Destination:

   • We’ve refined how orders are sorted by maximum rewards, so high-reward orders are always prioritized for execution.

   • Orders are also now grouped by network destination, which reduces redundant processing. This helps balance the load across networks and improves overall system performance.

5. Improved Cache Management:

   • We’ve made improvements to how the cache is managed. Hit counts now reset once max limits are reached, ensuring new orders are fetched as needed. This keeps the system reliable by avoiding unnecessary retries on completed orders.

Next Steps:

We’ll keep pushing towards even greater performance scaling, looking at more granular batching strategies. The goal is to continue cutting costs for users while improving the throughput and maintaining the overall stability of the system.

🥊 The Top Ethereum Layer 2 Contenders of 2025

As Ethereum Layer 2 solutions continue to evolve, the race to dominate 2025 is heating up. With analysts at VanEck predicting a $1 trillion market cap for Layer 2 scaling networks in the next six years, it’s clear that thousands of chains will emerge to meet specific use cases.

As we approach the end of 2024, now is the ideal time to explore which platforms are leading the charge. Arbitrum, Base, and Optimism are currently at the forefront, competing for billions in TVL and the loyalty of developers and users.

Want to know what sets these platforms apart? Read our latest blog to find out.

🎉 t3rn on Cointelegraph

We're happy to receive recognition from Cointelegraph, who featured our BRN airdrop. 

📈 Major milestone unlocked

$1B in total volume on our testnet. Thank you to our amazing community for the continued support and participation.

Follow t3rn's official X account for the latest updates and if you have any questions head over to discord for the quickest response. We're grateful to have you with us on this exciting journey.

Cheers,
Maciej Baj - Founder & CTO