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Building Modular Move Networks on Ethereum | Nick White, Rushi Manche & Avery Ching
Nov 30, 2023
Blockchain experts Avery Ching, Rushi Mache, and Nick White discuss modular blockchains and the pros and cons of modular and monolithic blockchain architecture. They explore the potential of Move Virtual Machine and innovative solutions like Celestia for cost-effectiveness and efficient data availability. The conversation touches on scalability, standardization, connectivity between Ethereum and AppTos, use cases of blockchain in AI innovation and payments, and the importance of network effects in the cryptocurrency industry.
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Quick takeaways
- Modular blockchains offer better scalability and flexibility compared to monolithic blockchains like Ethereum.
- The move language prioritizes safety and security for smart contract development and offers compatibility with Ethereum's EVM.
Deep dives
Modular Blockchains and the Benefits of Decoupling
Modular blockchains are a contrast to monolithic blockchains. Monolithic blockchains like Ethereum have a single set of nodes that handle consensus, data availability, and execution tasks. In contrast, modular blockchains decompose these functions into separate protocols that can be stacked and combined, offering better scalability and flexibility. The modular approach allows developers to choose specialized layers for specific functions, such as Celestia for consensus and data availability, and movement for execution layers. This modularity opens up opportunities for experimentation and innovation, enabling developers to build use case-specific blockchains with improved scalability, security, and user experience.
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