Thread by @MessariCrypto

1/ This thread marks the beginning of a series that goes through all of the components and players of the modular landscape.

Throughout this series, we will take a deeper dive into each component of the modular stack.

Let’s explore Modular Design in this report from
@eshita. 🧵

2/ The basic purpose of a blockchain is to keep an honest, immutable ledger of transactions or data.

It is composed of a few crucial pieces to keep this ledger verified and growing. Abstracted away, there are three main functions:

+Consensus
+Data availability
+Execution.

3/ Monolithic chains face the blockchain trilemma where it can sufficiently optimize for 2 out 3 when it comes to security, scalability, and decentralization.

Let’s look into the current landscape of the modular stack and how it outperforms the monolithic model 👇

4/ EVM has its limitations when it comes to storage and pre-built functions.

Modular execution environments are also being developed in order to bestow more customizability for blockchain developers.

This allows for increased dev experimentation with Execution environments.

5/ @CelestiaOrg is a ledger that doesn’t validate transactions but stores whatever is posted to it.

It is a separate data availability and consensus layer, which depends on a rollup for execution.

6/ @ethereum in its current form is semi-modular as we approach The Merge because of the introduction of L2s into the ecosystem.

L2s provide the ability to move computation off-chain in order to increase throughput of the base layer.

7/ Learn more about Modular Design in the full Pro report from @eshita and continue to follow the #ModularDesignSeries.

messari.io/article/modula…