It will be one month from the launch of the Sui mainnet in May this year, but Sui does not seem to have met the expectations of the industry and investment institutions in 2022. IDO redemption delays and breakouts of projects in the ecosystem... The negative and negative feedback of community users is exactly the same as the atmosphere of the original Aptos community.It is still uncertain whether the two representative public chains of the Move series, Aptos and Sui, are "just like this", but a clear conclusion is that the 2022 prediction for the Move blockchain has not come true.
What about modular blockchains?
In 2022, not only Move-based public chains, but also trends such as modular blockchains, DeFi protochains, and application chains have also attracted the attention of many investment institutions and project teams. Compared with the fire of the Move public chain, the latter has not caused widespread discussion. This can't help but make people look forward to the latter or even bigger surprises are brewing. Today we will take stock of modular blockchains and blockchain modularization progress, and explore the latest technological innovations and applications of modular blockchains.
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What is a modular blockchain?
A modular blockchain is a network architecture that decomposes blockchain functionality into different layers. Traditional blockchain systems typically integrate functions such as consensus, settlement, data availability, and execution into a single architecture. However, as the complexity and requirements of blockchain applications increase, a single architecture may not be able to meet the requirements of different scenarios. Therefore, the modular blockchain separates these core functions, enabling each functional module to operate independently while maintaining collaboration with each other. This architecture makes the blockchain system more flexible and scalable, and can be customized and optimized according to different needs.
Released in 2022Will Modular Blockchains Bring the Future of Web3 Users? "first level title
The latest developments in modular blockchain projects
We took stock of the modular blockchain last year, or the modular progress of the blockchain. Fuel Labs, Polygon Hermez, Arbitrum, and others are doing modularity by building execution layers for modular stacks; teams like Celestia are working on dedicated data availability and consensus layers, as are Aptos and Sui. Celestia allows a wide range of execution layer implementations to use it as a data availability layer, laying the foundation for alternative non-EVM virtual machines such as WASM, Starknet, and FuelVM; Optimism researches sharding, incentivized verification, and decentralized orderers.
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Celestia in 2023
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Modular latest example
Studying the development and application of modular blockchains, we found that not only did last year’s projects have the latest progress, but a number of new modular projects are also flooding into the market.
Astria is a modular blockchain, designed to enable anyone to deploy their own censorship-resistant Rollup (sidechain) without relying on a centralized sequencer. It achieves high-throughput and low-latency soft commits through a shared sequencer network, and also has cross-chain composability. Astria combines the research focus of Celestia and Optimism last year in the direction of exploration. As reported in April, modular blockchain Astria had raised $5.5 million for a shared orderer network.
Zebec is a pioneering liquid finance company, they developed Nautilus Chain, an L3 level modular blockchain. Nautilus Chain combines the high-speed performance of Solana and the stability of the Ethereum Virtual Machine (EVM), which can process transactions in parallel to provide continuous transaction and payment functions for DeFi and consumer applications.
Fetch.ai is an artificial intelligence-based encryption protocol, they also adopted a modular blockchain architecture. Their blockchain network allows for the deployment of distributed machine learning and smart contracts, providing highly flexible and scalable solutions for applications in various fields.
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How Can Modular Blockchains Help Developers?
Modular blockchains have many significant advantages, being more flexible and friendly from a development perspective.Modular blockchains provide developers with greater flexibility and scalability. By decomposing core functions into modules of different levels, developers can customize and optimize according to actual needs, thereby improving the performance and efficiency of the entire system.
Second, modular blockchains facilitate collaboration and interoperability.Modular blockchains provide greater room for development teams to innovate and grow.
more importantly,Modular blockchains provide greater room for development teams to innovate and grow.Developers and enterprises can build their own blockchain applications according to their own needs and goals, bringing more possibilities for application scenarios in different fields.
