Vincent Gramoli
@VincentGramoli
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Founder and CTO @RedbellyNetwork, Professor of Computer Science @SydneyUni, distributed computing researcher. Teacher of the Blockchain Scalability MOOC.
Sydney, Australia
Joined May 2021
Great tech does not always succeed, but it can help turn a company into a unicorn. At @RedbellyNetwork we took our time by doing the opposite of what other blockchains would typically do: doing research before moving into production. It paid off.
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It is time to check your rewards. Thank you to our community!.
It’s time, folks! The Rewards Checker is LIVE! .📷Check your rewards now at
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And we just had a peak of more than 400K KYC-verification attempts 🤯.
Over 271K KYC-verified users, $70B in on-chain assets committed, and strong partnerships with leading payment rails. laying the groundwork for the next wave of Web3 adoption!. #rwa #redbellyontop #redbellynetwork
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The listing of #RBNT was a great success reaching an initial peak close to 1 US dollar 🤯! It stabilised over night at around 0.26. 💪.
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As we are entering 2025, 2024 will be remembered as the year that made blockchains support regulated assets. As @RedbellyNetwork ’s Founder I feel so proud, but nothing would have been possible without our team, the researchers, VCs and funding bodies. Special thanks Fam for.
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This is striking.
Love this comparison. @RedbellyNetwork $RBNT now trending search on CoinGecko. People will pay the $RBNT price they deserve
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I am thrilled to announce our mainnet launch now after about a decade of research to revolutionise blockchain and make it compliant with regulations! Join the @RedbellyNetwork AMA now and let’s celebrate together.
Folks, please note that we will begin our Mainnet Launch AMA in 30 minutes, at 9:30 PM AEDT, 10:30 AM UTC. Thank you for your patience. ♥️. Apologise for any inconvenience. 🙌🏼.
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Redbelly is doing very well. RBNT is a native coin and you can access it with wallet connect compatible wallets like metamask.
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@tbass_aus @el33th4xor @0xdoug @EPFL @Eng_IT_Sydney This was published this year in the following scientific article: Feel free to add your own blockchain to the benchmark if it is not there.
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BIG news! 🌿 @CarbonHood_com partners with @RedbellyNetwork & @blubird_app to tokenise $70B in carbon credits. The first step in bringing $2T of assets on-chain by 2025. This world-first initiative promises to disrupt carbon markets with transparency & trust. #CarbonCredits
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Happy to be back to India to meet our team there and discuss the next steps now that @RedbellyNetwork mainnet is successfully launched.
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Nice timing @DreadBong0 , I was just presenting in Hong Kong how our collaboration idea, now patented, made it possible for blockchain to trade RWA.
$RBNT blockchain achieves a throughput of 20,000 transactions per second. This performance puts @RedbellyNetwork on par with payment giants Visa. Unlike chains like $SOL, which sacrifice finality for speed, which is evident in the networks sporadic downtime. $RBNT guarantees
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This is how fast a #DEX on different #blockchains can commit #NASDAQ transactions, where SRBB means Smart @RedbellyNetwork :
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Finally, Redbelly’s unique advantage of making blockchains collaborative has been recognised with the acceptance of its patent in the US.
Redbelly has just been awarded U.S. Patent No. 12,093,247 for our disruptive "Blockchain System and Method" 🎉. This patent locks in what makes @RedbellyNetwork special: our leaderless Democratic Byzantine Fault Tolerance (DBFT) protocol that delivers blazing-fast, secure, and
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So proud to be invited by @Google to present @RedbellyNetwork at the Google Cloud Summit today. Here is a pic with Kim, my talented COO.
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Tokenisation, knowing who owns what and instantaneous settlement are the key according to BlackRock? This sounds exactly like @RedbellyNetwork’s compliant asset tokenisation with instant finality.
🚨 JUST IN: 🇺🇸 BlackRock and Citadel plan to launch a new national stock exchange in Texas to compete with the New York Stock Exchange! . Here’s a Video of BlackRock CEO Explaining How Tokenization Is The Next Evolution In Finance… . “Every Stock, Every Bond” Will Be Tokenized
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Front running attacks that are illegal on Wall St. happen all the time on Main St. due to the lack of regulation around the blockchain technology. @Usyd and @RedbellyNetwork have thus published two scientific articles to address this problem as described below.
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@keys0321 Thank you for the support. I cannot comment about these other projects I do not know about but I feel you mate: we need to do our own due diligence about how projects came to life before supporting.
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An interesting analysis of what could happen due to @RedbellyNetwork bringing a amount of real world assets on blockchain that has never been reached so far.
$RBNT recently announced a carbon deal for $70 billion. With over $74b already announced. $RBNT will comfortably sit atop of the TVL rankings. What is TVL?. "TVL stands for Total Value Locked, a metric used to measure the value of assets locked in a protocol or platform". $74
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@VitalikButerin @balajis Yes, for owner to hold private keys you first need to prevent objects from creating public-private key pairs that allow the interaction. @RedbellyNetwork solved this problem by identifying users, each object is owned by a human being, offering accountability by default.
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So thrilled by the interest for my keynote talk at @AcmMiddleware hosted by @HongKongPolyU Thank you!
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It was a great pleasure to participate to this podcast as we were launching our mainnet 🚀.
Massive thanks to Blockhash (@BlockHashPod) for featuring our Founder and CTO - @VincentGramoli on the pod! 🎙️ . We loved diving deep into RWAs, compliance, and how we’re leading the next-gen of blockchain. 🚀 . Don’t miss this one, fam! Tune in now!. 🔗 Spotify:.
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Humbled to have been invited at @CornellTechNYC to present the last innovation that will be integrated in the @RedbellyNetwork’s product. Big shout out to the organisers/sponsors of the Worshop on Science and Engineering Consensus including @initc3org, @Stanford and @a16zcrypto.
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1/5 With the recent upgrade of @RedbellyNetwork, blockchain has become collaborative. Since its inception, blockchain has always been inherently competitive: as only one of the validator nodes could win the lottery by imposing its block to the rest of the system.
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Yes, so happy to turn assets into RWA!.
Congratulations, @RedbellyNetwork, on an AMAZING launch today and reaching a trading FDV (Fully Diluted Valuation) of $2.5B-$3B!. RedBelly is officially the network with the highest(!) TVL is in its pipeline, with almost $74B of RWA on its way to onboard the chain. Fantastic
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The deconstruction of our smart Redbelly Blockchain is about to be published in the scientific journal @IEEEorg TC, at the same time as its patent was accepted by the US Patent and Trademark Office. Time to look back on what makes it unique:
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So excited to be invited to give a talk about @RedbellyNetwork at @CornellTechNYC. When I worked at @Cornell almost 20 years ago, @CornellTechNYC did not even exist and I had to go to the beautiful but remote Ithaca. It is so much easier to go to the Big Apple from #Sydney.
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1/4 Is blockchain truly fault tolerant? We developed STABL to answer this question and experimented it with @algorand , @aptos , @avax , @RedbellyNetwork and @solana.
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For those who wonder where does the name @RedbellyNetwork comes from. This is a pic of a red-bellied black snake on my door step this morning.
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Another great achievement from @RedbellyNetwork !.
Red Belly partners with CarbonHood to tokenize $70 billion worth of Carbon Credits . 🔴 "CarbonHood has today announced a world-first project, partnering with @RedbellyNetwork and blubird, to tokenize an initial 950 million tons of carbon credits, valued at approximately US$70
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It was a pleasure to be invited to give a talk at @CornellTechNYC on making blockchain more fault tolerant. The recording is available below and the detail is here:
📢 “Strengthening Blockchain Security with Accountability” 🗣️ Vincent Gramoli @VincentGramoli, University of Sydney and Redbelly Network @Sydney_Uni @RedbellyNetwork📺.
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How fast can a blockchain run DApps? The answer is part of the upcoming EuroSys’23 Diablo paper:
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Why go to L2 and sacrifice security when L1 scales?.
1/8) The trade-offs for "L2 scaling" are untenable. "L2 scaling" advocates claim that L2s inherent L1 security, but in practice, this is false!. All of the top L2s have admin keys & centralized sequencers, endangering user funds!. L2s have become the antithesis of cryptocurrency:.
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Did you know that proof-of-whatever usually fails at solving the consensus problem?
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More information to avoid outages is available in this blog post:
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Interesting. Maybe Solana has decide to produce block on-demand like @RedbellyNetwork to stop wasting resources.
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So grateful to our dedicated community following us!.
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The CrowdStrike bug affected 8.5 millions of computers around the world last Friday and impacted critical services, including health and transportation. There are solutions to this problem.
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6 days left to register to the @Google Cloud Summit in Sydney where I will be presenting how @RedbellyNetwork became the 1st blockchain in real world assets.
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If you look for a blockchain that is highly optimised opt for @RedbellyNetwork.
A thread on numbers that set the Smart Redbelly Blockchain (SRBB) apart! 😋🧵. In lab testing (prior to Testnet) SRBB can process 100% of the transactions of real DApp workloads like NASDAQ, and Uber. As can be seen, that’s significantly higher than most modern blockchains! SRBB
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Within only 2 days in January two eminent research groups found vulnerabilities in @solana and @avax. As the world is tokenising real world assets, I urge users to select a blockchain, like @RedbellyNetwork, with a formally verified consensus protocol:
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A new scientific analysis of @avax demonstrates that its consensus cannot provide a decent trade-off between security and performance: Again, I urge blockchain designers to use formal verification to build secure software:
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Great discussion today at @DsnIeee about the joint result of @USyd, @protocollabs (@ProtoResearch) and @RedbellyNetwork to make #blockchains truly fault tolerant. More info at
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Reflection 1 about 2023: did you know that @RedbellyNetwork became the first (layer-1) blockchain to use ZKP for identification?.
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Very happy to have given a keynote talk at @OpodisConf in Tokyo today. I had many interesting questions on the accountability, permissionless and scalability properties of @RedbellyNetwork.
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On my way to visit the India office of @RedbellyNetwork in Chandigarh, can’t wait to be there!.
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Nice to see so much enthusiasm in Sydney around crypto and blockchains.
Our Founder & CTO, Prof @vincentgramoli and Executive Chairman, Alan Burt, attended the Australian Crypto Convention yesterday and Alan participated in a panel "The Odyssey of Money". The event was a great hub of knowledge and collaboration for the Australian Web3 and Crypto
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Blockchain performance presented at #eurosys23 in Rome: the last version of Redbelly can handle web3. @RedbellyNetwork
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@a_vaunt @iammiammiammiam @RedbellyNetwork Thank you I have just joined the TG group. This is a good idea, I could ask one of my research students to plug Cassandra to Diablo which is also open source.
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@Lae_gend @RedbellyNetwork I understand that it may take time for some users to register because we receive about 400,000 registration requests per day 🤯. Soon there will be more identity providers to parallelise these registrations. The good thing is that, once done, you can transact super fast!.
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For blockchain to become securely interoperable, one must first solve the cross-chain payment problem. A payment between two customers of the same bank that do not trust each other is simple as long as both customers trust the bank.
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So insightful to visit @Columbia and attend the Science of #blockchain Conference to learn about some of the latest scientific advances in the space.
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Did you know that the performance of Distributed Ledger Technology is not necessarily limited by its consensus protocol?.
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Happy to be invited by @Google to present @RedbellyNetwork.
Our Founder & CTO @VincentGramoli will be speaking at the upcoming Google Cloud Summit in Sydney. Vincent's session is on "Breaking Ground with Redbelly: Bridging the Regulated Web2 Economy of Today and the Web3 Economy of the Future." 14:30 AEST. This is a free, in person
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There are many misconceptions that expose blockchain programmers and users to security vulnerabilities. In a recent chapter, we debunk the 10 major myths about blockchain consensus by evaluating three distributed ledgers and three consensus algorithms:
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Our last discovery will be published at DSN’24.
Did you know that Blockchain can finally tolerate a Colluding Majority? . and what this means?. Our Founder & CTO, Prof @VincentGramoli has produced a new article based around ZLB (Zero Loss Blockchain). Curious?. Read it here: #RWA #Blockchain #Web3
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As CZ, the former Binance CEO, enters jail, @RedbellyNetwork has just launched its solution as a network that offers compliant asset tokenisation:
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@RedbellyNetwork is key to applying blockchain to the real world.
I can’t begin to comprehend how the #crypto space will react to the TVL numbers $RBNT is set to achieve and the sheer scale of RWA news. We've literally never seen anything like it. I just hope everyone gets a good entry 🙏. $RBNT
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At @RedbellyNetwork we provide decentralised computations for making critical services fault tolerant. Good news is we offer a regulated environment where there is no need to trust centralised institutions.
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You can now build fast Web3 apps….
#RBNCommunitySpotlight. Next up in our Community Spotlight feature is a submission by @bwaaid as part of a Zealy infographic quest, first shared on Discord on 30 May 2023. Great work! @bwaaid .#RWA #Blockchain #Web3 #Defi
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Do you know that one can guarantee fairness in the ordering of blockchain transactions with hardware? Here is a scientific publication that mitigates MEV in blockchains using TEE:
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That would make sense, yes.
@JohannVillalvir @JasonYanowitz I think they will choose a L1 network purposefully built for RWA and that’s @RedbellyNetwork.
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Is blockchain fault tolerant? The answer is that it really depends.
A newly published report on ArXiV has confirmed what sets us apart – Redbelly redefines fault tolerance in blockchain technology. 🛡️. After extensive testing, Redbelly outperformed Solana, Algorand, Aptos, and Avalanche in handling failures. The radar chart below highlights how
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Pretty good summary of what is @RedbellyNetwork. Thank you @cryptoceo_ .
Soon, you'll be hearing a lot more about Redbelly Network. from the same group that created Wi-Fi. $RBNT. 𝐒𝐨 𝐰𝐡𝐨 𝐢𝐬 𝐑𝐞𝐝𝐛𝐞𝐥𝐥𝐲 𝐍𝐞𝐭𝐰𝐨𝐫𝐤?. Redbelly Network is the first formally verified, compliant blockchain that uses sharding to scale. Led by Prof. Vincent
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Reflection 8 about 2023: A layer-1 blockchain (@RedbellyNetwork) has finally been able to handle a real trace from the NASDAQ exchange -
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Not only does the Byzantine Fault Tolerant model allows #blockchains to cope with arbitrary failures, but it also helps them reduce the amount of validations needed. This is explained in this scientific publication:
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@RedbellyNetwork is definitely revolutionising #RWA.
🌐The Redbelly Revolution: Tokenizing the Real World Asset!. Greetings fellow financial adventurers! If you're on the hunt for the next big thing in #blockchain, let me introduce you to @RedbellyNetwork ( $RBNT ), the only public blockchain specifically designed for real-world
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Thanks @Google for the invitation and a great organisation.
Our Founder & CTO @VincentGramoli presented at the Google Cloud Summit earlier today in Sydney. It was a really insightful presentation, great audience and topical discussion. #RWA #Blockchain #TheFutureofFinance
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The Testnet AMA is in about 20 minutes.
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Good summary.
📖 $RBNT @RedbellyNetwork . This is going to be (imho) one of the best projects of this cycle, and you know I don't say this a lot, read more to find out why. What is Redbelly?. Redbelly is an RWA blockchain that mix the best of permissionless solutions like ETH and compliant
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Proud that @DsnIeee selected our paper as Best Paper, especially the first year in 54 years that it is hosted in Australia! Read the TLDR of our paper:
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Great to get the recognition of the scientific community for designing a secure #blockchain.
🏆Congratulations @VincentGramoli & @alranpe! Their paper on Blockchain Tolerating Colluding Majorities has just received a Best Paper Award at The 54th Annual IEEE/IFIP International Conference on Dependable Systems and Networks. The Medium article below is based on this paper.
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Leaderless means no bottlenecks.
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In the last few years, the demand for scientific research on #blockchains has boomed . to the benefit of this promising technology.
Discover how studies from @RedbellyNetwork, University of Sydney's CSRG, and EPFL have shaped blockchain technology. Our Founder & CTO, Professor @VincentGramoli has released a new short article about How Research Improved Blockchain. Learn about the evolution and future
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And here is a scientific paper if you want to do your own research on it:
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Blockchain scalability is becoming a hot topic: my online course ( got 4000 simultaneous active learners. But why now? I feel like we have known for a long time that classic blockchains could not work optimally the way they were designed:
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The coursera blockchain scalability course has now 6000 enrolled students! Here is the companion textbook:
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So proud that my student Deepal Tennakoon received the Degree of Philosophy from the University of Sydney for his great contribution to blockchain science. Congrats!.
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4/4 Redbelly was fault tolerant in all experiments: it is resilient to permanent failures, it recovers fast after numerous transient failures and benefits from redundant information needed to cope with Byzantine failures:
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Reflection 7 about 2023: there exists now a known counter measure against front-running (and thus sandwich) attacks:
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As new flaw in the Solana consensus protocol will be presented in four days: it might be the right time to discuss the importance of formal methods. When we found flaws in Ethereum's consensus we inform Geth and Parity security teams.
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@solana mainnet is said to be in a degraded state as no new blocks were reported for hours. Again it is time to formally prove protocols:
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Most blockchains have an inherently centralised design. Whether it is about choosing a block or favouring messages, these blockchains always promote one lucky node that imposes its block to the rest of the network.
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Yes, Blockchain can now tolerate colluding majorities! For those who did not hear this new result to appear at @DsnIeee, they can now find the post on my blog as well:
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Reflection 9 about 2023: we now know that consensus among n nodes on Internet requires n > t + d + 2q with t Byzantine processes, d deceitful processes, and q benign processes -
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2/4 We measured the sensitivity of these blockchains to node permanent failures, node transient failures, link transient failures and Byzantine failures. The experiments are reproducible as STABL is open source and builds upon Diablo:
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Biometric data is not like money: once a central organisation steals its users PII to build upon them, it cannot undo it by paying a fine. To prevent this from happening in the first place we should all think decentralisation and self-sovereign identity:
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Reflection 5 about 2023: it has been shown that cross-chain payments can actually be made successful:
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Blockchain security has reached a new level as we formally verified the consensus algorithm of the @RedbellyNetwork with model checking. Check out the paper to appear at @podc_disc : #blockchain #CyberSecurity.
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