As blockchains start to modularize, a lot of new terms are thrown around. Here's a glossary to get acquainted with them!

πŸ§΅πŸ‘‡
Monolithic blockchains - All security, data availability, and execution is on a singular L1
Rollup - Rollups only execute and rely on a different chain for security and data availability
Validium - a ZK rollup that has data availability from another chain
Volition - a ZK rollup that has both rollup and validium modes, with DA on two separate chains
Adamantium - subset of Volitions with user-provided data availability
Multi-Volition - Volitions with an arbitrary number of chains for DA
Volition-like Monolithic - Monolithic chains that use other chains for DA while still maintaining their own consensus
Security - Just consensus and minimal data layer that hosts state transitions and proofs from execution chains
Data Availability - L1s with no execution layers, focused on data for other chains. Require their own consensus mechanisms for data verification
(adapted with permission from /u/defijie)

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More from @pseudotheos

1 Jan
Let's start 2022 off with the basics and dive into the Ethereum Virtual Machine (EVM), the current smart contract standard, and how it works. We'll also discuss how L2s open the door to a supercharged EVM!

πŸ§΅πŸ‘‡
The ETH blockchain exists to run a state machine, the EVM. Let's break it down further, and discuss what a state machine is!
A state machine is any machine that takes inputs and provides outputs based on those inputs. Here's a diagram of a simple state machine:
Read 12 tweets
30 Dec 21
yesterday i wrote about zk proofs which separate execution from validation and verification. so what are blockchains moving towards beyond L2s?

another πŸ§΅πŸ‘‡ Image
after we solve zk rollups, development is far from done. there's one looming problem: data availability. when everything in the world is run on a blockchain, where/how do you store the transaction info while remaining decentralized?
there are a few projects tackling this, like @ethswarm and @CelestiaOrg, but research is even more bleeding-edge than ZKs are- i expect the narrative to shift to DA a few years from now.
Read 10 tweets
30 Dec 21
all these zk terms... what do they mean? what's the big deal with zk proofs?

a quick 🧡breaking it down: πŸ‘‡
zero knowledge (zk) cryptography is very new and an active field of research, but we're very close to having it ready for primetime with @zksync and @StarkWareLtd. let's discuss what this means for the future of ETH and blockchains in general
previously, blockchains have required all pieces of a transaction to be bundled together (verification, validation, and execution) which bottlenecks the whole process and makes it hard to scale while remaining decentralized
Read 10 tweets
28 Dec 21
gm frens 2022 is fast approaching. after marking my 3rd year in crypto/web3 full time, i'm gonna drop a 🧡of things i wish i knew when i started, since i saw a lot of new faces this year.
stop short term trading - buy your bags and stick with them. fees.wtf says I've spent over 8 eth on gas in just 1 wallet this year
hang out in DAOs you care about - there is NO better way to meet like-minded people than DAOs. Build with them if you can.
Read 5 tweets

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