Content source: UWEB Chinese @UWEB_CN丨NingNing (🌿,👻) @0xNing0x

Viewpoint: “Not taking over each other” is just a cyclical phenomenon

There is really no need to worry too much about the current market's "mutual lack of takeover" situation. This is just a cyclical phenomenon. In fact, there was such a stage in the last bull market cycle.

The reason for this phenomenon is that there is no new cheap hot money in the global financial market at this stage.

If we take the 10-year US Treasury yield as the one-year rent of the US dollar, the rent of up to 4.7% of the principal seriously curbs investors' ability and desire to buy new stories. When the time pointer of the financial market turns to the recovery period and overheating period of the Merrill Lynch clock, the market will be full of cheap dollars. At this time, it will become a state of hot money chasing narratives. Shut your mouth, and take my money will once again become the collective unconsciousness of the market.

Therefore, at the current stage when no one is taking over and new narratives are cut in half as soon as they go public, it is actually beneficial for long-term investors to make fixed investments and buy new narratives that will cause FOMO when hot money influxes.

Modularity is undoubtedly the kind of complete and fascinating structure in the new narrative. Moreover, modular instantiation projects, such as Celestia, Dymension, Aevo, Omni Network, Altlayer, etc., are generally listed on first-tier exchanges such as Binance, OKX, and HTX, and have inherent liquidity advantages.

New bull market engine: modular paradigm innovation

The following content comes from "Web3.0.0 Independent Researcher NingNing"

1. Modular core application scenarios

1. RollAPP: Dapp application using Rollup architecture, suitable for various scenarios such as DeFi, Perp DEX, Web3.0 games, etc.;

2. Modular Bitcoin L2: Built using modular Rollup, suitable for Bitcoin’s community consensus features;

3. Global interoperability and chain abstraction: A new generation of solutions that achieve minimal trust assumptions and global interoperability.

2. Innovative architecture of modular public chain

Modular public chains improve performance and scalability by decoupling the blockchain stack;

Implemented the engineering of data availability sampling and fraud proof proposed by Vitalik et al.

By separating the execution layer, settlement layer, data availability layer, consensus layer, etc., the functionality and efficiency of the blockchain are optimized.

3. Why modularization?

Rethinking the blockchain Blockchain Trilemma problem: The mainstream view is that the performance, security and decentralization of blockchain cannot be achieved at the same time, but Professor NingNing pointed out that modularization will promote a new paradigm for blockchain. Modular public chains provide a possible solution through innovative architecture and technological innovations such as data availability sampling and fraud proofs. This design allows the network to improve performance and security without sacrificing decentralization, thus challenging traditional cognition.

4. Economic Benefits of Modular Rollup

Modular Rollup has shown significant advantages in building Dapp due to its low cost and high customizability; compared with traditional smart contracts, modular Rollup provides block space exclusivity, shared security, and liquidity; the emergence of tools such as RollKit and RollAPP has further lowered the entry threshold for developers.

5. Applicability of modularity in specific application scenarios

Modular technology is particularly suitable for specific application scenarios such as Bitcoin L2 and global interoperability; Bitcoin's community consensus characteristics make it more suitable for programmable expansion using modular Rollup; the global interoperability solution achieves minimum trust assumptions and efficient operability through a modular stack.