Prom utilizes modular blockchain architecture. However, it might be hard to grasp what the term implies, especially compared to monolithic ones.
What's the Key Difference?
A monolithic blockchain integrates all functions — consensus, execution, and data availability — into a single layer. This traditional unified architecture is epitomized by Bitcoin and Ethereum, for example.
In the meantime, a modular blockchain decouples these functions into separate layers. Just like separate blocks, you can stack them on each other.
What are the Advantages of Modular Architecture?
Thanks to the structural framework, modular blockchains improve the scalability of the network. The key benefits of Layer 2 solutions are tied to the modular design of the solutions:
- Scalability: By isolating execution from consensus, modular blockchains allow rollups to process a higher volume of transactions. - Flexibility: Developers can choose the most suitable consensus or data availability layers without being locked into a specific blockchain's architecture. - Security: Separating critical functions means that issues in one layer do not compromise the entire network, enhancing the overall security posture.
What's the Value?
Overall, modular architectures represent a significant shift towards more flexible blockchain environments, particularly beneficial for solutions that require adaptable frameworks. $PROM
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