Twitter threads: Inventory of 10 potential modular blockchain projects

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MarsBit
11-16
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Note: This article comes from @WY_mask Twitter, and is compiled by Mars Finance as follows:

My elder brother scolds me for being lazy every day, so please give it a serious try! Celestia took off immediately after being airdropped. L2 is too busy now, and L3 is the opportunity to turn around in the future!

Modular blockchain refers to a blockchain that completely outsources at least one of the four components of "execution layer, settlement layer, consensus layer, and data availability layer" to an external chain, which can minimize the cost of running nodes.

Organized as follows

Ethereum

1Fuel

Fuel is a UTXO-based modular execution layer that brings globally accessible scale to Ethereum. As a modular execution layer, Fuel can achieve global throughput in a way that a monolithic chain cannot, while inheriting the security of Ethereum

Financing: US$81.5 million

Twitter: https://twitter.com/fuel_network

Official website: https://fuel-labs.ghost.io

Ethereum

2Dymension

Dymension is a sovereign Rollup built on Cosmos, aiming to make the development of RollApp (RollApp focusing on custom applications) easy through Dymension Chain (settlement layer), RDK (RollApp Development Kit) and IRC (Inter-Rollup Communication) Simple

Financing: US$6.7 million

Twitter: https://twitter.com/dymension

Official website: https://dymension.xyz

Ethereum

3Eclipse

Eclipse is a customizable rollup provider compatible with multiple layer 1 blockchains. The platform enables developers to deploy their own rollups powered by Solana OS, using any chain for security or data storage

Financing: US$15 million

Twitter: https://twitter.com/EclipseFND

Official website: https://eclipse.builders

Ethereum

4AltLayer

AltLayer is a highly scalable application-specific execution layer system that derives security from the underlying L1/L2. It is designed as a modular and pluggable framework for the multi-chain and multi-VM world.

Financing: US$7.2 million

Twitter: https://twitter.com/Alt_Layer

Official website: https://altlayer.io

Ethereum


5Initia

Initia is used in full-chain Rollup networks, built by fusing novel L1 with application-specific L2 infrastructure systems. Initia has a complete technology stack that can implement a set of chain-level mechanisms to align the economic interests between users, developers, L2 application chains and L1.

Financing: Undisclosed

Twitter: https://twitter.com/initiaFDN

Official website: https://initia.xyz

Ethereum

6Omni Network

Omni Network is the Ethereum interoperability infrastructure, designed to provide interoperability for Rollup networks such as Op, Arb, zkS and Stark, and become the core infrastructure for all Rollup networks and modular applications on Ethereum to achieve seamless and secure Cross-Rollup user experience

Financing: US$18 million

Twitter: https://twitter.com/OmniFDN

Official website: https://omni.network

Ethereum

7Avail

Avail is a modular blockchain focused on data availability, ordering and recording blockchain transactions to prove that block data is available without downloading the entire block. This allows it to scale in ways that a monolithic blockchain cannot.

Financing: Undisclosed

Twitter: https://twitter.com/AvailProject

Official website: https://availproject.org

Ethereum

8Nautilus Chain

Nautilus Chain is a modular blockchain built on Eclipse that combines the speed of Solana with the decentralization and security of Ethereum to become the fastest EVM chain available, capable of parallel transaction processing.

Financing: Undisclosed

Twitter: https://twitter.com/nautilus_chain

Official website: https://nautchain.xyz

Ethereum

9zkPorter

In zkSync 2.0, the L2 state will be divided into 2 aspects, zkRollup with on-chain data availability and zkPorter with off-chain data availability. zkPorter's off-chain DA is maintained by Guardians (zkSync token holders) and has a penalty mechanism.

Financing: US$258 million

Twitter: https://twitter.com/zksync

Official website: https://zksync.io

Ethereum

10StarkEx DAC

StarkEx DAC is StarkEx’s off-chain DA solution, and Starkex is an “execution” motor developed for application-specific chains. Starkex can use Ethereum for data accessibility, or it can use committees for data accessibility. This adds great flexibility to Starkex

Financing: US$261 million

Twitter: https://twitter.com/StarkWareLtd/

Official website: https://starkware.co/starkex/

Ethereum

Advantages of modular blockchain

1 Facilitate the launch of new blockchains

2 Improve scalability: Modularity enables scalability without sacrificing security or decentralization.

3. Sovereign: The new modular blockchain can be as sovereign as Layer1, despite using other layers. This allows the blockchain to respond to hacks and push upgrades without any underlying permissions.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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