The blockchain industry will reach a $1,000,000,000,000 valuation in the near future.

Do current limitations on scalability and cost hinder its potential?

Introducing #dappchains.

🎯 Must-Read Thread! Image
The vision of a multi-chain network and scaling problems of L1s have facilitated the boom of the #dappchains.

✦ The idea of an application chain was not born yesterday. #Cosmos envisioned creating an ecosystem of universal connectivity beginning.
⚡️As a solution for resource-intensive decentralized applications, #dappchains is a new way to scale and reduce strain on the network.

Imagine a game that has millions of players. Should the game rely on the scalability of another network that hosts other games?
It doesn't make sense and introduces added risk for the game itself.

#Dappchains are independent blockchains or sidechains for such specific applications.
The #dappchains could be built with the same development tools as the primary chain and share cross-chain and security features within the ecosystem of the primary chain. Image
#Dappchains run parallel to a mainchain, created to host its #Dapp with added utility and capabilities.

In Ethereum's case, a dappchain would be built on top of a rollup-centric L2.

✦ Its rules are customized based on necessity.
Currently, #Dapps that have successfully transitioned from on-chain eco-applications to proprietary blockchains include:

💠 #DeFiKingdoms
💠 #dydx
💠 #AxieInfinity

The latter two are on #Layer2.
It is not a technical difficulty for a Dapp to build a "proprietary" chain.

Most L1 chains could provide the foundation, such as #Cosmos Zones, #Polkadot Parachains #Ethereum L2s, #Polygon Supernets, #Avalanche, ++.

However, a #dappchain is constrained by certain conditions:
⬇️
🔐 Security.

It is great for Dapp-specific chains to share security. The more security that is shared, the more security there actually is. (Decentralization).

If a #dappchain is a sidechain, it would add cost and maintenance to its security.
Without improvements to node decentralization and security, it is not smart for a #dappchain to be its sidechain.

Because of this, #dappchains should be focused on rollup and share security but not scalability.
🌐 Imagine thousands of #dappchains, all having their rollup-centric scalability but sharing the security of the foundation blockchain.

That is very cool.
#Dappchains bring added features to the competitive landscape of multi-chain networks.

For #dappchains to be built securely, various chains must provide better cross-chain capability and shared security support.
Did you enjoy this thread on #Dappchains?

No AI was used to cheat my way to provide valuable info, strictly research. 🔎

@CryptoBlooom

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More from @CryptoBlooom

Jan 21
The hottest feature for the next generation #L1s and #L2s that you don't know about.

💡 Parallel processing

Thread Image
◼️ Parallel processing is used in high-level computing and brought to the blockchain for effective message communication and execution within the framework of blockchains.
Examples of blockchains that use it:

#Fuel @fuellabs_
#Solana @solana
#Sui @SuiNetwork
#Aptos @Aptos_Network
#Vara @VaraNetwork
+ Others
Read 17 tweets
Jan 20
You may have heard about "Modular" blockchains...
What are they?

"The future is modular." - @fuellabs_

🧵 Thread Image
In this thread, I will go through:
🗣
1️⃣ Modular VS Monolithic.
2️⃣ What Fuellabs is.
3️⃣ The FuelVM.
4️⃣ Parallel transaction Execution.
5️⃣ Sway Language.
6️⃣ The Modularity.
7️⃣ Fuel as a L1.
8️⃣ Fuel as L2.
1️⃣ First: What do "modular" and "monolithic" mean?

🧩 Modular: A flexible arrangement composed of software or hardware modules that can be altered or replaced without affecting the remainder of the system.

🗼Monolithic: Characterized by massiveness, rigidity, or inflexibility.
Read 19 tweets
May 17, 2022
Terra´s stability mechanism was judged to be safe based on theoretical grounds and findings from simulations. Simulated cyclicality (macro) and volatility (micro) market conditions (Terra Stability v1.0). A stability paper was done created by the Terra team said:
“Our findings based on 100 different stress settings and 1 million years of worth of simulations indicate that Terra has a high resilience to both forms of stress.”

Only problem is that it's almost impossible to accurately simulate market conditions... 🤡
Simulations can be good for analyzing specific scenarios in events with few conditions. The more conditions or factors there are in a simulated environment, the harder it becomes to predict certain events.🧐
Read 7 tweets
May 15, 2022
Sanbase from @santimentfeed is the most valuable trader and behavioral analysis tool for crypto, and you may not have heard about it.

Read this thread for a brief introduction to it! 🔓😋

1/10
I stumbled upon Sanbase randomlt due to my research on behavior & cryptoanalysis. Sanbase is perfect for you if you are interested in this as well as metrics, data and research from the blockchain. You may ask, why does Sanbase stand out?

2/10
If you want to understand what is happening with a specific crypto asset, Sanbase is perfect for that. Sanbase stands out because it's a free-to-use behavioral analysis charting platform for cryptocurrencies with unparallel data available.

3/10
Read 10 tweets
May 15, 2022
Loopring and Kadena have the best tech in the crypto space.
Loopring is the best L2 and Kadena is the best L1.

This is not a subjective opinion, this is a fact. Technology speaks for itself.
It is not theoretically the best. It is the best. They have acheived maximum standards in their fields. Can you get more scalability than infinite scalability? Can you get more secure than PoW? $KDA
Can you get faster transactions as a L2 network than instant transactions? Can you get cheaper transactions than free? Can you get a better L2 also facilitating a decentralized order book model combined with AMM which has super low fees in an IOS app where the UI is perfect? $LRC
Read 5 tweets

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