According to Foresight News, Jeff Yan, co-founder of the decentralized derivatives trading platform Hyperliquid, said that Hyperliquid L1 will transition to HyperBFT, and the current implementation on the testnet has entered the final testing phase, and the mainnet migration is expected to be completed in the next few weeks. Jeff Yan also said that TPS will be greatly improved thereafter, and the current bottleneck of Hyperliquid L1 is Tendermint, which has an upper limit of 20,000 orders per second. However, HyperBFT can support up to 100 times the throughput, but in practice, state machine execution will become a bottleneck, which is about 200,000 orders per second. HyperBFT is a custom consensus algorithm written from scratch, based on Hotstuff and its subsequent improvements.
