Modular blockchains are one of the most exciting developments of the year, and Dymension is building on #Cosmos technology by providing the ability to effortlessly deploy RollApps chains.
Let's take a closer look at Dymension, the Home of RollApps.
What is Dymension?
Dymension is a modular blockchain. It differs from traditional monolithic blockchains commonly found in the space, such as Ethereum, by handling data availability, consensus, consensus, and execution in a single network.
A modular blockchain is a type of blockchain that outsources at least one of its four components (data availability, consensus, consensus, and execution) to an external chain to increase performance, efficiency, and scalability.
We can define Dymension as a network of modular blockchains called "RollApps", with Dymension Hub at its core. Dymension Hub is solely responsible for consensus and consensus, making it a modular blockchain.
The complete architecture includes several key components:
Data Availability: Dymension needs a data availability provider like Celestia.
Dymension Hub: Responsible for consensus and consensus.
RollApps: Responsible for executing transactions within the network.
As you can see, components that were originally part of a single monolithic chain are now separated into different chains.
One chain is responsible for data availability, the other handles consensus and consensus, and RollApps are responsible for execution.
What are the features of Dymension?
First, a key feature of Dymension is the ease of creating and distributing permission-free, application-specific rollups known as “RollApps,” thanks to the Cosmos SDK-inspired RollApp Development Kit (RDK).
Dymension's RDK simplifies the creation of RollApps by providing modules with common functionality and all the necessary tools and support to create, launch and run RollApps within the ecosystem.
Secondly, Dymension will be heavily dependent on IBC. Using IBC, users have the ability to connect various chains such as Cosmos Hub or Osmosis to Dymension Hub and then connect them to various RollApps.
Third, Dymension will have a native AMM in the payment center to achieve common liquidity as well as shared security.
AMM is designed to expose RollApps to efficient asset routing, price discovery and shared liquidity for the entire ecosystem.
What are the benefits of RollApp?
No need to bootstrap validator set
Leverage the security of Dymension Hub Leverage shared liquidity
You only need to focus on Execution
Connect with other IBC chains
RollApps users interact directly with the RollApp itself and ultimately network fees are paid based on specific RollApp application logic.
In this way, Dymension serves as a key component in the modular narrative of the Cosmos ecosystem.
