Overview
What is Hotstuff?
Hotstuff is a performance-optimized Layer-1 blockchain built specifically for high-speed on-chain trading. The protocol features 75-millisecond block times with 150-millisecond finality, capable of processing over 200,000 transactions per second. The platform addresses common DeFi trading issues including slow finality, unpredictable gas costs, and MEV through its fully on-chain order book system and deterministic fair-ordering mechanism.
The blockchain’s architecture includes DracoBFT consensus derived from the HotStuff protocol and CLH state commitments. A key differentiator is the platform’s gasless core actions for placing and cancelling orders, which eliminates transaction costs for basic trading operations. This design aims to deliver centralized exchange-grade performance and user experience while maintaining decentralization and transparency in execution.
Hotstuff raised $500,000 in a pre-seed funding round in January 2022, with backing from CoinDCX Ventures, Anton Bukov (1inch co-founder), Sergej Kunz (1inch co-founder), Julien Bouteloup, and Stefan George (Gnosis co-founder). The project was originally founded in 2021 under the name Syndr and is currently preparing for testnet launch with an active waitlist for early access.