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Modular Blockchains will 10x - 100x and be the future of blockchain tech. - What are Modular Blockchains - Why they are the future of Blockchain Tech - 5 Modular Blockchains with 10x - 100x potential The Ultimate Must Read Modular Blockchain Mega Thread👇🧵 (Reuploading a old Twitter thread, hopefully it works)
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1./ Introduction Modular blockchains overcome the limitations of traditional monolithic blockchains by dividing the blockchain into layers for enhanced efficiency and scalability. Each specializing in a specific function like execution, consensus, data availability, etc.
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2./ Architecture The architecture of modular blockchains is based on the principle of dividing systems into interchangeable or replaceable modules.
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3./ Solving the Blockchain Trilemma Modular chains solve the dilemma of getting a scalable, secure, and decentralized blockchains simultaneously. By dividing these functions among specialized layers, modular blockchains optimize each aspect without compromising the others.
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4./ Modular blockchains are typically divided into these layers: - Execution Layer - Consensus and Data Availability Layer - Settlement Layer Here is what each layer does 👇
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