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.

#ModularBlockchain #Cosmos

The current state of innovation exhibits a consistent trajectory of advancement, surpassing previous human achievements. The rapid pace at which new technologies are evolving beyond the expectations of human imagination. Among the vast array of technologies available, only a select few have demonstrated longevity and efficacy in addressing a multitude of challenges. One example of such innovation is the implementation of Blockchain technology. In the past twenty years, there has been a significant push towards digitalization in the physical world, driven by the necessity to cater to the diverse requirements of emerging generations. The understanding of blockchain innovation is crucial in comprehending a technologically sophisticated society, as it enables the efficient management of digital assets and facilitates secure value transfer within a decentralized and trustworthy framework.
The technology known as blockchain is primarily rooted on the principles of encryption and the utilization of a distributed ledger system among peers. The aforementioned technology possesses significant capabilities that effectively counterbalance the conventional centralized technology reliant on third-party entities. The system operates in a manner akin to global internet connectivity, facilitating value transfer within a trustless environment. A significant volume of data is transmitted over the internet via a centralized server, which serves as an intermediary for routing the data to its intended recipient. Blockchain technology eliminates the need for a centralized server and facilitates transactions through a decentralized peer-to-peer distributed ledger.
In this particular context, it can be argued that the utilization of Blockchain technology presents a scenario in which trust is no longer a must. However, it is important to note that the implementation of Blockchain technology has not yet reached a stage of convergence when consumers or companies can effortlessly navigate its functionalities akin to running commonplace devices such as smartphones or laptops. The Blockchain technology is currently regarded as a sophisticated and technologically advanced system, particularly in terms of its practical implementation. Unless the structure of the blockchain technology is made more modular, it will remain challenging for individuals with limited expertise to enter the field. Consequently, it will continue to be seen as a significant technological obstacle for its utilization in real-world contexts.
The objective of simplifying the intricate application interface of Blockchain technology is achieved with the introduction of the NULS architecture. This design facilitates the easy application and deployment of Blockchain technology by breaking down the blockchain into several modules. Users or organizations have the option to select and configure modules according to the specific requirements of their business principles. By utilizing the developer tools provided by NULS, it is possible to create a customized sub chain that caters to the specific needs of a user or company.

The utilization of the NULS Blockchain offers significant time-saving benefits. The utilization of NULS' modular Blockchain and the implementation of parallel growth principles have the potential to significantly enhance the adoption of Blockchain technology within the business domain. The accessibility of Blockchain technology has been enhanced, allowing anybody to utilize it without requiring a comprehensive understanding of its technical intricacies. Enterprises who are interested in integrating Blockchain technology into their company operations may now readily do so through the utilization of #NULS modular Blockchain.
#tia #ModularBlockchain

The concept of modular blockchains gained significant attention last year when Celestia unveiled its ambitious plans. Since then, the modular thesis has gained momentum, witnessing the launch of numerous data availability layers. It’s essential to recognize that the concept of modular blockchains is not an entirely novel idea exclusive to Celestia. This article will explore and explain how NULS blockchain is positioned on the modular blockchain map. More importantly, introduces a powerful tool, that stands behind the NULS modular — NULS ChainBox.