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Exploring Web3
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• Caldera - The modular blockchain platform for easily deploying a rollup.
• Initia - The next-generation network of interwoven Roll-ups.
• Movement - The next-generation network modular Move-Based Blockchains.
• Fuel - Modular execution layer network boasting the quickest execution time and high security.
• Hyperlane - Permissionless interoperability layer built for the modular future.
• Avail - Base layer designed to meet the needs of next-generation trust-minimized apps.
• Berachain - Evm-equivalent L1 built on the Cosmos SDK and powered by Proof of Liquidity.
• EigenLayer - Restaking in EigenLayer enhances network security and earns additional rewards.
• Monad - High-performance EVM-compatible L1 tha Combines portability and performance.
• Eclipse - Ethereum's fastest L2, powered by SVM And Celestia.
• Xion - The first walletless L1 purpose built for mainstream adoption through chain abstraction.
• Celestia - The modular blockchain powering unstoppable applications with full stack customizability.
#Celestia #ModularBlockchain #Ethereum's #bitcoin☀️ #ChainAbstraction
• Initia - The next-generation network of interwoven Roll-ups.
• Movement - The next-generation network modular Move-Based Blockchains.
• Fuel - Modular execution layer network boasting the quickest execution time and high security.
• Hyperlane - Permissionless interoperability layer built for the modular future.
• Avail - Base layer designed to meet the needs of next-generation trust-minimized apps.
• Berachain - Evm-equivalent L1 built on the Cosmos SDK and powered by Proof of Liquidity.
• EigenLayer - Restaking in EigenLayer enhances network security and earns additional rewards.
• Monad - High-performance EVM-compatible L1 tha Combines portability and performance.
• Eclipse - Ethereum's fastest L2, powered by SVM And Celestia.
• Xion - The first walletless L1 purpose built for mainstream adoption through chain abstraction.
• Celestia - The modular blockchain powering unstoppable applications with full stack customizability.
#Celestia #ModularBlockchain #Ethereum's #bitcoin☀️ #ChainAbstraction
After the Cancun upgrade, Ethereum successfully reduced fees, but Layer 2 still faces challenges. While DA costs have decreased, enabling Layer 2 projects to thrive with minimal fees (as low as $0.001-$0.01), the transaction volume is still far from benefiting Layer 1.
In the short term, Ethereum’s Rollup strategy is proving successful, with Layer 2 becoming the go-to chain for high-frequency transactions, offering low fees, great UX, and high TPS. However, what happens when transaction volume on Layer 2 surges and Blob space becomes saturated?
DA fees may increase, and if costs go beyond 50%, many Layer 2 projects could withdraw from the competition for Blob space, seeking alternatives like Celestia or Validium. The dynamic Blob fee market is not yet activated, and the need for Layer 2 growth is crucial for future scalability.
Could the Cancun upgrade have been too successful? 🤔 The question remains as Layer 2 daily active users and ecosystem scale need to grow to support its long-term value proposition.
In the short term, Ethereum’s Rollup strategy is proving successful, with Layer 2 becoming the go-to chain for high-frequency transactions, offering low fees, great UX, and high TPS. However, what happens when transaction volume on Layer 2 surges and Blob space becomes saturated?
DA fees may increase, and if costs go beyond 50%, many Layer 2 projects could withdraw from the competition for Blob space, seeking alternatives like Celestia or Validium. The dynamic Blob fee market is not yet activated, and the need for Layer 2 growth is crucial for future scalability.
Could the Cancun upgrade have been too successful? 🤔 The question remains as Layer 2 daily active users and ecosystem scale need to grow to support its long-term value proposition.
Impressive efforts by Tether in combating illicit activities. It's crucial for the crypto industry to take a strong stand against misuse. Transparency and accountability are key to fostering trust and ensuring the integrity of digital assets.
Chain abstraction could be a game-changer in the blockchain world. Imagine developing dApps that seamlessly interact with multiple blockchains without worrying about the underlying complexities. This could unlock new levels of interoperability and innovation!
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