ILPv1 over ILPv4
ILPv4 makes some trade-offs compared to ILPv1. However, mixed in with these trade-offs are some - imho - pure improvements. This document describes what it would look like if I had to redesign ILPv1 given what we know now, but weren't willing to make some of the more controversial trade-offs. This work also revealed the surprising conclusion that ILPv1 transactional semantics (non-chunked or "universal mode quasi-atomic") are possible to achieve using ILPv4.
Differences between ILPv1 and ILPv4
There are two main differences that are relevant for this discussion: