Ethereum is experiencing major strides in improving scalability and performance, with the emergence of layer 2 Rollups solutions. Modular Ethereum Rollups are becoming the core design choice for blockchain construction, opens up new and innovative possibilities for this technology.
What is the Execution layer?
The emergence of Rollups solutions marked a turning point in the expansion of Ethereum's capabilities. Modular chains separate different layers in the blockchain, allowing developers to experiment with new implementation designs, helping to improve the efficiency of the blockchain.
The usual architecture of a blockchain network includes 4 main layers: Execution, Settlement, Consensus and Data Availability. These layers work together to ensure transactions are executed correctly according to design.
In particular, Execution is responsible for calculating transactions and providing results according to pre-established logic. This execution will result in changes to the state of the blockchain network, this new state will then be processed by other layers before they are completed and become an irreversible part of history.
Why is Execution important?
The Execution layer of the blockchain plays a central role in the blockchain and is responsible for its computing power.
Ethereum's new upgrade has seen innovation across multiple layers of the blockchain. Moving the chain to Proof-of-Stake (PoS) consensus has helped Ethereum become more efficient and energy efficient. Adding Rollup layer 2 helped solve the block space problem, and EIP4844 helped solve additional transaction costs. With the Modular architectural design, several different types of data availability solutions have emerged, leading to an increasing diversity of Ethereum Rollups.
To take Ethereum Rollups to the next level, we need to prioritize improving the execution layer. By increasing the computational power of the blockchain, we can increase its ability to handle large transaction volumes, while also integrating features like Account Abstraction into core parts of the protocol.
This not only brings significant scalability to the blockchain, but also creates the potential for dApps, providing unique experiences to users.
The role of Virtual Machine (Virtual Machine)
A virtual machine (VM) in blockchain technology is software that executes smart contracts and runs dApps in the Execution layer. The Ethereum Virtual Machine (EVM) is the most prominent example, allowing the execution of complex contracts and dApps on the Ethereum network.
Virtual Machine plays an important role in the blockchain ecosystem, facilitating interoperability, scaling and security by separating the Execution Layer from the physical hardware, ensuring that developers can build Build and deploy applications without regard to the underlying blockchain infrastructure.
What is Parallel Execution?
Parallel Execution solves the problems of Sequential Execution in Ethereum Virtual Machine (EVM) compatible blockchains such as BNB Chain, Polygon, and Avalanche… allowing only one transaction to be performed at a time.
This approach takes advantage of the computing power of multiple processors to process different tasks in parallel, significantly accelerating transaction processing and smart contract execution.
By allowing parallelization, blockchain networks can achieve higher throughput, reduce transaction confirmation times, and improve overall system efficiency, making them more scalable and responsive to demand. of a growing number of users.
Why is state optimization important?
With parallel execution and optimized virtual machines like Fuel Network or Monad, blockchain can now handle large amounts of transactions. Meanwhile, data availability solutions like Celestia solve the problem of data congestion.
This leaves us with one final limitation: state growth. State optimization is an important factor in blockchain technology because it directly affects the blockchain's ability to maintain decentralization.
A smaller state reduces data requirements, allowing nodes to synchronize and verify the state of the network more quickly, thereby lowering the barrier to entry for new nodes and helping the blockchain network become decentralized, scalable, and scalable. more scalable and secure.
Self-inspection capability (introspection) in blockchain
Introspection in blockchain is the ability of a smart contract to examine, analyze and understand its own properties and the state of the blockchain. This capability allows the smart contract to make decisions based on the current context of the network, other contracts, and its own execution.
Introspection is a powerful feature that enables more complex, dynamic, and responsive blockchain applications. It allows contracts to adjust their behavior in real-time, based on changing network conditions, enhancing cross-chain functionality and dApp efficiency.
