PART 2: WHY IS MODULAR BLOCKCHAIN IMPORTANT?
1. Superior Scalability
The biggest problem with traditional blockchains is scalability. With a monolithic model, each node in the network must process all transactions, store all data, and participate in the consensus mechanism. This slows down the system as the number of transactions increases. Modular blockchains solve this problem by separating each function, allowing each part to focus on its own task.
For example, in a modular system, you can have a consensus layer, a data storage layer, and another layer that executes transactions. This is like dividing the work among a team – everyone who does their role will be much more efficient.
2. Flexibility
Another strength of modular blockchains is their customizability. Developers can choose the layers that best suit their project's specific needs, rather than having to stick to a fixed model. For example, do you want a super-secure consensus layer combined with a fast transaction execution layer? No problem, modular blockchains let you do that.
