Bankless David and Anthony on Monolithic vs Modular Blockchains
Oct 9, 2021
Dive into a lively discussion on the shift from monolithic to modular blockchains. Discover how Ethereum's transition to proof of stake is reshaping scalability and efficiency. The hosts share personal anecdotes about live streaming challenges and their experiences with cold weather. Explore the contrasting economic models of Solana and Ethereum, and delve into the dynamics of blockchain identity and tribalism within crypto communities. This conversation covers the latest innovations in decentralized finance and the implications for transaction processing.
AI Snips
Chapters
Books
Transcript
Episode notes
Modular Blockchains
- Modular blockchains separate blockchain functions (consensus, execution, data availability) into different modules.
- This allows for optimization of each module, leading to increased efficiency and scalability.
Ethereum L1 a Temporary Hub
- Ethereum Layer 1's high user concentration is temporary, not the intended end state.
- Layer 2s will eventually handle most user transactions, offering lower fees and faster confirmations.
Solana's Unsustainable Model
- Solana's monolithic design and reliance on hardware for scaling is unsustainable.
- Its low fees are subsidized by high inflation, unlike Ethereum's modular approach.
