There are several projects that are linked to the concept of a Modular blockchain. When we talk about Modular blockchain, we refer to the notion of deconstructing the different functions of a blockchain into separate components or modules. This approach provides the potential for more flexibility and scalability within the blockchain system.
Given the burgeoning number of projects related to this field, making a decision about which specific project to utilize can become a complex task. Each project offers unique features, protocols, and structures, and their suitability will greatly depend on the specific requirements and goals of your use case.
Therefore, to make an informed decision, it is crucial to comprehend the architectural design of each potential project fully. You need to delve into how they are structured, how the different components work together, how they interact with users and other systems, what kind of scalability they offer, what level of security they provide, their transaction speed, and many other aspects.
These insights will help you understand the strengths and weaknesses of each project and determine which project would best align with your objectives and operational parameters. Understanding the unique architectural properties of each project will also give you a sense of how easy or difficult it would be to implement the project, what kind of support and maintenance it might require, and what kind of challenges you might encounter during and after deployment.
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zkRollup is emerging as a major pillar of layer 2 solutions, leveraging the technical advantages of zero-knowledge proofs. It is particularly impressive that Ethereum, which has the largest ecosystem, has officially chosen zkRollup as the direction for its layer 2 rollup. Additionally, Bitcoin is also seeking to achieve scalability by utilizing zkRollup. Following the emergence of Optimistic Rollup, zkRollup has been rapidly growing, offering advantages such as faster processing and lower operational costs. Let's take an in-depth look at zkRollup from its basics to the current market status and future prospects.
Initia’s future growth plans include the launch of its mainnet and the development of various DeFi, social, and NFT projects, potentially positioning it as a favorable option for launching rollups due to its user-centric and interconnected infrastructure.
Arbitrum and Optimism are striving to improve the technological aspects of fraud proof, while other projects are also implementing interesting approaches. Let's walk through their current activities and ongoing developments.
Currently, most of L2 projects rely on a single sequencer. Metis, as the first L2 chain to decentralize its sequencer structure, has been resolving structural issues stemming from dependency on such single-sequencer structure.
