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Blockchain Modularity Thesis: How we can solve the trilemma The modular thesis stands out as an approach, that can achieve decentralization, security, and scalability simultaneously. The latest insights from Galaxy Research's report, that my friend James M. shared previously and helped me understand a lot, shed light on how modular blockchains like Celestia are changing the game. The core idea behind the modular thesis is simple yet profound: disaggregate the primary functions of a blockchain (execution, settlement, data availability, and consensus) into separate layers. This specialization allows each layer to operate more efficiently without compromising the other attributes. For instance, Celestia focuses exclusively on data availability and consensus, enabling other networks to handle execution and settlement. This separation could lead to more scalable systems, without sacrificing security or decentralization. This means that by offloading specific functionalities to dedicated layers, modular blockchains can potentially offer: - Enhanced Scalability: Each layer can be optimized independently to handle more transactions and complex operations. - Increased Security: Specialized layers can focus on robust security measures appropriate to their specific functions. - Greater Decentralization: Decoupling core functions allows for more participants in different roles, fostering a more distributed environment. #Blockchain #Innovation #Decentralization #ModularBlockchain #CryptoTechnology #Celestia

The development of blockchain technology has resulted in the growing popularity of modular architecture. While this concept may sound complicated, we will explain it in simple words. Find out what modular blockchains are and discover their benefits 👇 Let's start by explaining what monolithic blockchains are – the most popular type of architecture. It is a type of network where all operations, such as execution, settlement, consensus and data availability are performed by a single chain. That can, at some stage, lead to scalability limitations 🤔 Modularity in blockchain is the solution of splitting the mentioned functions into different layers. It contributes to the solution of the blockchain trilemma. Such networks are more difficult to create, but if they are made to function flawlessly, then you can enjoy higher interoperability, scalability and the possibility to create a wide range of decentralised applications 🌎  

Decentralized storage protocol, Filecoin, and its underlying technology are critical public goods that thousands of global stakeholders rely on everyday. Check out 10 teams that are committed to the decentralization and preservation of public goods tools. https://hubs.la/Q02xfWGC0 DeStor and FilStor, Inc. are proud to support the collective good of the Filecoin ecosystem through efforts like: Filecoin Explorer: https://hubs.la/Q02xfVG00 DeStor Directory: https://hubs.la/Q02xfCQH0 DeStor Case Studies: https://hubs.la/Q02xfQ4_0 #DeStor #DecentralizedStorage #datamanagement #dataintegrity #dataresiliency #filecoin #dataprotection #dataarchiving #datasecurity #decentralization #backupandrecovery #blockchaintechnology #blockchain #cryptographic #encryption #dataencryption #accesscontrol #smartcontract #smartcontracts Protocol Labs ChainSafe Systems

⚙️ With numerous projects contributing to the improving quality of blockchain service, what does Gear Protocol add to the bustling ecosystem? Gear Protocol simplifies Web3 development, facilitating the transition from Web2. 𝗔 𝗦𝘂𝗯𝘀𝘁𝗿𝗮𝘁𝗲-𝗯𝗮𝘀𝗲𝗱 𝗪𝗲𝗯𝗔𝘀𝘀𝗲𝗺𝗯𝗹𝘆 𝘀𝗺𝗮𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺. Gear Protocol leverages the benefits of blockchain without the inconvenience of building a new chain through three pillars: 𝗧𝗵𝗲 𝗔𝗰𝘁𝗼𝗿 𝗠𝗼𝗱𝗲𝗹: ➜ Ensures security and robustness by passing messages between actors instead of sharing a network state ➜ Enables asynchronous messaging and memory parallelism ➜ Supports asynchronous smart contracts 𝗣𝗲𝗿𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝗠𝗲𝗺𝗼𝗿𝘆: ➜ Gear Protocol employs clever memory virtualization techniques, unlike vanilla Wasm ➜ Programs in Gear Networks don't use storage; their full state is persisted, reducing the API surface for blockchain context 𝗪𝗮𝘀𝗺 (𝗪𝗲𝗯𝗔𝘀𝘀𝗲𝗺𝗯𝗹𝘆): ➜ Creates a fast, secure and flexible environment for smart contracts and on-chain programs ➜ Gear Protocol combines these pillars to achieve unparalleled speed and scalability, positioning itself as the fastest L1 with NPoS consensus. 💻 Ready to explore the next generation of decentralized applications? Dive into the Wiki for more information! 𝗚𝗲𝗮𝗿 𝗪𝗶𝗸𝗶: https://wiki.gear-tech.io/ #GearProtocol #Web3 #Blockchain #Education #Innovation #Technology

🚀 Tackling Scalability in Web3: A Game-Changer for Decentralized Apps As we dive deeper into the Web3 era, the challenge of scaling decentralized applications (dApps) looms large. I've had the opportunity to tackle some challenging scenarios with successful outcomes, and now, I'd like to share the key insights and strategies that helped me achieve these results. 🔑 Key Focus Areas for Scalable dApps: - Choosing the right Blockchain: Picking a blockchain that balances scalability, security and decentralization is crucial. - Smart Contract Optimization: Writing efficient smart contracts to reduce gas consumption and costs around the transactions. - Front-end Development: Create a user-friendly and easily UI to retain the user - Decentralized Storage Solutions: Avoid to use only blockchain for storage, leveraging the off-chain data to enhance the scalability. - Cross-Chain Interoperability: Exploring bridges and protocols for a connected Web3 ecosystem. 🌟 The Future of Web3: Emerging technologies like Ethereum 2.0 and zk-Rollups are paving the way for a more scalable and interconnected Web3 world. Scalability in Web3 is not just a technical challenge, it's an opportunity to redefine the boundaries of decentralized applications. #Web3 #Blockchain #Scalability #SoftwareEngineer #dApps #Decentralized

✨ How Monolithic Blocks by Savitri are changing the rules of the game in the blockchain world! 🌐 🚀 Monolith Blocks are the key to the future of blockchain! A completely new approach to data management and transaction history access that changes the game. Fast access to history, minimal network load, and enhanced security are just some of the advantages of this revolutionary technology. Learn more about how Monolith Blocks are rewriting the rules of the blockchain world! 💡 🌟 Monolith Blocks, created daily, allow nodes to quickly navigate the blockchain's history from the genesis block to the present moment. This significantly speeds up the data retrieval process, making the blockchain not only faster but also more efficient. 📈 Generated approximately once a day, Monolith Blocks primarily document key updates in the node registry, such as node additions or removals, without storing transaction data. This selective recording leads to the creation of lightweight blocks that require minimal bandwidth and storage for download. 🔐 The implementation of Monolith Blocks on the Savitri network is not just a technical upgrade; it's a breakthrough moment. This approach reduces barriers to entry for new nodes, increases the speed of operations, and lays the foundation for a more resilient blockchain environment. Thus, it not only secures Savitri's position as a leader in blockchain innovation but also sets a new standard for future developments in the field. #BlockchainRevolution #SavitriBlockchain #MonolithBlocks #BlockchainInnovation #CryptoTechnology #BlockchainSpeed #CryptoSecurity #EfficientBlockchain #BlockchainScalability #FutureOfBlockchain #TechTrends #DigitalTransformation #CryptoCommunity #DecentralizedTech #BlockchainSolutions #NextGenTech #CryptoNews #BlockchainUpdate #TechnologyLeaders #BlockchainEvolution #DigitalEconomy #CryptoAdvancements #BlockchainEfficiency #InnovativeTech #TechDevelopment

USES OF FERRUM NETWORK IN BLOCKCHAIN: 1.It helps to solve INTEROPERABILITY problems Which we know that Blockchains are siloed and aren’t designed to communicate with each other. For developers, it’s nearly impossible to build multichain DApps. Furthermore, users are limited to single ecosystems and subject to the risks associated with crosschain bridging. As Ferrum Network is an interoperable L1 network, powered by a multichain messaging engine designed to communicate and connect with every blockchain, enabling a frictionless environment for developers to deploy multichain DApps and for users to engage in a fully interoperable Web 3.0 since the future of Interoperability to be bridgeless. 2. FERRUM’S INFINITY LAYER MAINNET LEVERAGES THE POLKADOT SUBSTRATE INFRASTRUCTURE Introducing Ferrum’s Infinity Layer mainnet: an interoperable L1 powered by a multichain messaging engine, which leverages the renowned Polkadot Substrate consensus infrastructure. 3. TECHNOLOGY POWERING INTEROPERABILITY 2.0 Many unique technologies are combined to create the Infinity Layer mainnet: a multichain execution layer powered by an atomic messaging engine known as Quantum Portal. $Frm