Avalanche VMs deep-dive #1: HyperSDK/tokenvm

Avalanche VMs deep-dive #1: HyperSDK/tokenvm

In this technical series, we introduce and try out Avalanche Subnets VMs. Issue #1 is focused on Ava Labs' HyperSDK and the tokenvm!

Before we start

This series assumes that you have basic knowledge of Avalanche and Subnets. If “P-Chain” or “Warp Messaging” don’t ring a bell, you should probably read those first:

What is the HyperSDK?

hypersdk

The HyperSDK is an opinionated framework dedicated to making it faster, safer, and easier to launch your optimized blockchain on an Avalanche Subnet. All the code is open-sourced on GitHub at ava-labs/hypersdk.

Developers can leverage the HyperSDK to build “HyperVMs” that will be used to spin up “HyperChains” (AppChains on Avalanche Subnet). By implementing a few interfaces in Go (here is the complete list), developers benefit from Avalanche-optimized data structures and algorithms out of the box. Moreover, all the HyperChains make use of the powerful Avalanche Consensus.

Note: At the time of writing, the HyperSDK is still in alpha and should not be used in production.

HyperSDK features overview

Patrick O’Grady presented HyperSDK’s features at Avalanche Summit II:

TL;DW, here are the main features:

  • Optimized block execution: Using state pre-fetching, parallel signature verification, as well as parallel transaction execution (the latter not yet included), HyperChains can perform thousands of transactions per second.

  • Account abstraction: Each HyperVM can support multiple Auth modules for each type of transaction, making it possible to use custom authentication.

  • Avalanche Warp Messaging support:

    AWM enables any Avalanche Subnet to send arbitrary messages to any other Avalanche Subnet in just a few seconds (or less) without relying on a trusted relayer or bridge.

    This feature brings native bridging capabilities between all HyperChains.

  • Customizable storage backends: HyperVMs can store their data (state, blocks, metadata) in any storage backend (defaulting to pebble). This allows dedicated disks for maximum performance, but can also ease data querying (e.g. PostgreSQL to store transaction metadata).

  • Efficient state management: HyperChains leverage Merkle Radix Tree to significantly reduce on-disk footprint (check out Dan Laine's talk about Ava Labs’ merkledb).

  • Nonce-less transactions: The HyperSDK does not rely on nonces, which enables users to submit multiple transactions simultaneously.

  • And much more: see the extended features list on GitHub!

What is the tokenvm?

tokenvm

The tokenvm is a PoC HyperVM created to showcase how to use the HyperSDK. All the code is available in the examples/tokenvm folder of the HyperSDK repository.

The tokenvm lets anyone create any asset, mint more of their asset, modify the metadata of their asset (if they reveal some info), and burn their asset. Additionally, there is an embedded on-chain exchange that allows anyone to create orders and fill (partial) orders of anyone else.

Check the detailed features list on GitHub.


tokenvm try out

It’s time to try out the tokenvm and see what it’s capable of for ourselves!

To do so, we will create and interact with a tokenvm HyperChain on locally using:

  • Avalanche CLI to create a local Avalanche network

  • Ash CLI to create a Subnet, create a tokenvm HyperChain within it, and add validators to it

  • token-cli to interact with the tokenvm HyperChain

  • jq to parse JSON outputs

Note: In this tutorial, we won’t use the Avalanche CLI nor Ava Labs' scripts to create/deploy the Subnet so that we can go through all the steps needed in detail.

Project setup

Are you using Windows?
First of all, sorry for you 😬 But you can still follow along by using WSL 😉

Create a dedicated directory:

mkdir -p ~/Projects/avalanche-vms/tokenvm
cd ~/Projects/avalanche-vms/tokenvm

And install the dependencies using the setup-*.sh script. This script will download and unpack all necessary binaries:

# For Linux
curl -sSfL https://raw.githubusercontent.com/AshAvalanche/avalanche-wizardry/main/avalanche-vms/1-hypersdk-tokenvm/setup-linux.sh | sh -s
# This takes about 1 min
# For MacOS 10.7+, Lion+
curl -sSfL https://raw.githubusercontent.com/AshAvalanche/avalanche-wizardry/main/avalanche-vms/1-hypersdk-tokenvm/setup-macos-amd64.sh | sh -s
# This takes about 1 min
# /!\ You will probably need to whitelist the binaries on first use /!\
# For MacOS 11.0+, Big Sur+
curl -sSfL https://raw.githubusercontent.com/AshAvalanche/avalanche-wizardry/main/avalanche-vms/1-hypersdk-tokenvm/setup-macos-arm64.sh | sh -s
# This takes about 1 min
# /!\ You will probably need to whitelist the binaries on first use /!\
# js is not available for download for MacOS 11.0+, use homebrew:
brew install jq

tokenvm Subnet creation

Local Avalanche network bootstrap

Use the Avalanche CLI to spin up a 5-node local network:

./avalanche network start

Download the avalanche-local.yml configuration file for Ash CLI and set it as default:

curl -sSfL https://raw.githubusercontent.com/AshAvalanche/avalanche-wizardry/main/avalanche-vms/1-hypersdk-tokenvm/avalanche-local.yml -o avalanche-local.yml

export ASH_CONFIG="$PWD/avalanche-local.yml"
export AVALANCHE_NETWORK=local

tokenvm genesis generation

The genesis file specifies the initial state of our HyperChain, including the native token allocations. Use the token-cli to create the genesis from a custom allocations.json file:

cat <<EOF > ./allocations.json
[{"address":"token1rvzhmceq997zntgvravfagsks6w0ryud3rylh4cdvayry0dl97nsjzf3yp", "balance":1000000000000}]
EOF

./token-cli genesis generate ./allocations.json \
  --max-block-units 4000000 \
  --window-target-units 100000000000 \
  --window-target-blocks 30 \
  --genesis-file ./genesis.json

tokenvm installation on the Avalanche nodes

Before the Subnet and HyperChain creation, we need to install the tokenvm on our nodes. This consists in making the VM binary available to AvalancheGo. The nodes controlled by Avalanche CLI store binaries and configuration files in ~/.avalanche-cli.

Let’s create a symlink to the binary in ~/.avalanche-cli/plugins and restart our nodes:

ln -nsf "$PWD/tokenvm" ~/.avalanche-cli/plugins/tHBYNu8ikqo4MWMHehC9iKB9mR5tB3DWzbkYmTfe9buWQ5GZ8

./avalanche network stop && ./avalanche network start

Note: tHBY…5GZ8 is the VM ID of the tokenvm.

We can verify that our nodes have loaded the VM with the Ash CLI:

./ash avalanche node info

tokenvm HyperChain creation

Let’s create a Subnet, create the tokenvm HyperChain within it, and add validators to it using the Ash CLI. We will use the local pre-funded account to pay for gas fees:

  1. Create a new Subnet

     export AVALANCHE_PRIVATE_KEY='PrivateKey-ewoqjP7PxY4yr3iLTpLisriqt94hdyDFNgchSxGGztUrTXtNN'
    
     ./ash avalanche subnet create -w
    

  2. Export the Subnet ID for later reuse (the ID might be different):

     export SUBNET_ID=mkVAepSdHXYp6e1sxMwgCV3i1fYzdcGKFLGXBbzsvv4hZWQ8P
    
  3. Create a blockchain in the Subnet using the tokenvm (we need to encode the genesis to bytes).

     # xxd is used to encode the genesis to a bytes string
     GENESIS_BYTES="$(xxd -p -c 10000 ./genesis.json)"
    
     ./ash avalanche blockchain create ashTokenVM \
     --subnet-id "$SUBNET_ID" \
     --vm-id tHBYNu8ikqo4MWMHehC9iKB9mR5tB3DWzbkYmTfe9buWQ5GZ8 \
     --vm-type Custom \
     --genesis-str "$GENESIS_BYTES" -w
    

  4. Export the blockchain ID for later reuse (the ID might be different):

     export CHAIN_ID=2bLP6aabd9Hju4SNnn1dsE4Q8FNrAg3N1zeWmzYFky1yDzoFVr
    
  5. Add the 5 local nodes as validators to the Subnet:

     while read v; do
       ./ash avalanche validator add "$v" 100 \
       --subnet-id "$SUBNET_ID" \
       --start-time "$(date -d '30 sec' --rfc-3339=seconds | sed 's/ /T/')" \
       --end-time "$(date -d '2 days' --rfc-3339=seconds | sed 's/ /T/')"
       sleep 2
     done <<<$(./ash avalanche subnet info 11111111111111111111111111111111LpoYY -j | ./jq -r '.validators[].nodeID')
    
  6. Create the configuration directories (see subnet-config-dir and chain-config-dir) for the Subnet and the HyperChain and download the configuration files:

     mkdir -p "./chains/$CHAIN_ID"
     mkdir -p ./subnets
    
     curl -sSfL https://raw.githubusercontent.com/AshAvalanche/avalanche-wizardry/main/avalanche-vms/1-hypersdk-tokenvm/chain-config.json -o "./chains/$CHAIN_ID/config.json"
     curl -sSfL https://raw.githubusercontent.com/AshAvalanche/avalanche-wizardry/main/avalanche-vms/1-hypersdk-tokenvm/subnet-config.json -o "./subnets/$SUBNET_ID.json"
    
  7. Track the Subnet on the local nodes. To do so, we create a custom configuration for Avalanche CLI where we add the Subnet in the track-subnets argument (see Subnet Tracking) and we specify the configuration directories:

     cat <<EOF > avalanche-cli.json
     {
       "node-config": {
         "track-subnets": "$SUBNET_ID",
         "subnet-config-dir": "$PWD/subnets",
         "chain-config-dir": "$PWD/chains"
       }
     }
     EOF
    
     echo "Wait for the validation period to start before restarting..."
     sleep 1m
     ./avalanche network stop && ./avalanche network start --config avalanche-cli.json
    

After 2 minutes, we can check that the blockchain is bootstrapped on the nodes:

./ash avalanche node is-bootstrapped "$CHAIN_ID"

token-cli configuration

We first need to import the account's private key in the CLI:

curl -sSfL https://raw.githubusercontent.com/ava-labs/hypersdk/main/examples/tokenvm/demo.pk -o demo.pk

./token-cli key import demo.pk

And then import our tokenvm HyperChain metadata:

  • chainID: 2bLP6aabd9Hju4SNnn1dsE4Q8FNrAg3N1zeWmzYFky1yDzoFVr

  • uri: http://127.0.0.1:9650/ext/bc/2bLP6aabd9Hju4SNnn1dsE4Q8FNrAg3N1zeWmzYFky1yDzoFVr

./token-cli chain import

We are all set to start using our local tokenvm HyperChain! 🥳

tokenvm interactions

Assets minting and trading

You can now use the token-cli to mint and trade assets. All the instructions are available on the HyperSDK GitHub repository at Mint and Trade.

Here are the first steps:

  • Check the account $TKN balance

  • Create a new asset and mint tokens to the account

Try it yourself by following the Mint and Trade section.

Benchmarking with the spam command

The token-cli has a spam command that gives an idea of the throughput HyperChains could reach!

./token-cli spam run

These inputs will:

  • Create 10 accounts and distribute an equal portion of the native token to each account (e.g. 9.999933243)

  • Initiate 10 TPS from each account

  • → 100 TPS submitted to the chain

Note: Use CTRL+C to stop the spam command.

Estimation of tokenvm throughput (locally)

Disclaimer: The following benchmark has been conducted on a single computer and cannot be transposed to a production blockchain network.
Computer specs: 32GB RAM, 14-cores/20-threads (max. 4.70GHz), SSD NVMe PCIe 4.0

With this command, we can estimate the maximum throughput of the tokenvm by slowly increasing the number of TPS with different configurations and seeing if all transactions are executed (inflight should stay near 0 and success rate near 100%).

InputsTPSResult
10 acc. x 10 TPS100inflight stays at 0
10 acc. x 20 TPS200inflight stays near 0, max inflight: 1K, s.r.:100%
10 acc. x 50 TPS500inflight stays near 0, max inflight: 6K, s.r.:100%
20 acc. x 40 TPS800inflight stays near 0, max inflight: 10K, s.r.:100%
20 acc. x 50 TPS1,000inflight stays near 0, max inflight: 15K, s.r.:100%
20 acc. x 75 TPS1,500inflight stays near 1,500, max inflight: 36K, s.r.:96.87%
20 acc. x 100 TPS2,000inflight stays near 0, max inflight: 34K, s.r.:100%
22 acc. x 100 TPS2,200🆗 inflight stuck at 30K, max inflight: 34K, s.r.:97.5%
30 acc. x 100 TPS3,000🆘 inflight stuck at max inflight: 72K, s.r.:83%

We can reach a sustained 2,200 TPS rate. Pretty cool for a local network!

Network teardown

To stop the Avalanche network:

./avalanche network stop

Wrapping up

What a ride! I hope you enjoyed it as much as I did ^^

What we can say from this deep dive is that:

  • Deploying a HyperChain is already possible today! It was not trivial to deploy the tokenvm without Ava Labs tooling but we did it.

  • The Ash CLI works pretty nicely

  • The tokenvm is already capable of a very nice TPS rate on a local network

What's next?

We should probably benchmark the tokenvm on a proper environment, why not on Fuji... Stay tuned for more wizardry!