php editor Youzi brings you an introduction to the modular blockchain token project. With the development of blockchain technology, more and more projects are beginning to adopt a modular approach to build their own blockchain networks. This modular design makes the token project more flexible and scalable, while also increasing the security and reliability of the project. There are many modular blockchain token projects worthy of attention on the market, including Ethereum, TRON, EOS, etc. These projects have their own characteristics and advantages in different fields, bringing more choices and opportunities to users.
The modular blockchain has 12 projects including Mantle, zkSync, StarkExDAC, Arbitrum, Celestia, Cevmos, Fuel, Dymension, Eclipse, PolygonAvail, EigenDA and ASMB. The following is a detailed introduction:
Mantle is a layer 2 scalability solution built on Ethereum. Its validator nodes collect users’ transactions in the Mantle network and submit them to Ethereum in the form of compressed blocks. This compression method not only saves users expensive gas costs, but also increases the overall throughput of transactions. Because it is built on top of Ethereum, Mantle inherits core features such as industry-leading security and universal developer infrastructure.
In zkSync2.0, the L2 status will be divided into two aspects: zkRollup with on-chain data availability and zkPorter with off-chain data availability. zkPorter's off-chain data availability is maintained by Guardians (zkSync token holders) and has a slashing mechanism. However, the way Guardians maintain off-chain data availability is relatively centralized.
StarkExDAC is StarkEx’s off-chain data availability solution and is maintained by the Data Availability Committee (DAC). Compared with zkPorter, StarkExDAC's maintenance method is more centralized. In addition, StarkEx also provides the Volition plan, which is an optional data availability plan on or off the chain.
Starkex is an "execution" motor developed for application-specific chains. It brings great flexibility to Starkex by using Ethereum as data accessibility, or leveraging the committee for data accessibility.
Arbitrum’s Nova chain is based on Anytrust technology. Anytrust is Arbitrum’s off-chain DA solution. Anytrust's off-chain DA is also maintained by the Data Availability Committee (DAC), so it is relatively centralized.
Celestia, formerly known as LazyLedger, is a unique Layer1 blockchain. The project is positioned as "the first modular blockchain network." Specifically, Celestia modularizes the blockchain technology stack and decouples the consensus layer and execution layer. As the consensus layer, Celestia is only responsible for transaction ordering and data availability verification, while specific transaction execution will be dispersed on the execution layer network connected to Celestia (such as Celo). This modular design allows Celestia to more flexibly adapt to different application scenarios and needs.
The roadmap shows that Celestia plans to launch the testnet in 2022, and gradually launch the incentivized testnet and mainnet in 2023. Its development team also confirmed that it will issue CELT tokens for PoS pledge.
Cevmos is a rollup stack jointly developed by CosmosEVM application chain Evmos and Celestia, aiming to become the best settlement layer based on EVMrollup on Celestia. And Cevmos is the abbreviation of Celestia, Evmos and Cosmos. Cevmos is an open modular stack for EVM-based applications leveraging Celestia aggregation. The Cevmos stack will optimize the settlement chain around Evmos-based aggregation. This settlement chain (to be named) will be implemented as a Celestiarollup using Optimint instead of the TendermintCore consensus engine used on the existing Cosmos chain.
Fuel is the first OptimisticRollup deployed on the Ethereum mainnet and is mainly suitable for payment-centered applications. The upcoming FuelV2 will be based on UTXO's highly parallelizable minimal execution system and enable smart contract support, with Ethereum-style interoperable Turing-complete smart contracts, not just simple transfers.
Dymension is a sovereign Rollup built on Cosmos, designed to use DymensionChain (settlement layer), RDK (RollApp Development Kit) and IRC (Inter-Rollup Communication) RollApp (RollApp with a focus on custom applications) is made easy.
Eclipse is also a sovereign rollup based on the Cosmos ecosystem, allowing the use of SolanaVM to build a customizable modular rollup settlement layer on any chain. A $15 million Pre-Seed and seed round of financing will be completed in September 2022, of which $9 million in seed round financing was co-led by TribeCapital and Tabiya.
Polygon Avail’s solution is very similar to Celestia. In fact, Celestia co-founder Mustafa Al-Bassam once said that Avail is suspected of plagiarism against Celestia. Avail's introduction almost exactly replicates its 2019 introduction to Celestia.
EigenDA is the DA solution proposed by EigenLayer. EigenLayer itself is the restaking layer of Ethereum. What EigenLayer does is restaking of funds, allowing pledge users to repeatedly pledge funds to middleware, oracles, DAPP, etc., in addition to PoS pledges, thereby improving capital efficiency and reducing trust costs. EigenLayer itself is based on Danksharding and ETH staking. EigenDA is a DA solution proposed by EigenLayer, specially designed for Optimistic-Rollup and ZK-Rollup.
Modular smart contract layer on IOTA. Currently in pledge period 3. By staking MIOTA through firefly.iota.org, stakers can receive 0.000001 Assembly tokens ASMB every 10 seconds. Wallets must reach more than 1 ASMB to receive the airdrop. 20% of the total ASMB supply will be allocated to IOTA stakers. Assembly’s mainnet is expected to go online this year, and the ASMB transfer function will be enabled at that time.
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