CEL2 Modular Series - Part.
09 Jan 2024, 23:03
CEL2 Modular Series 🧱✨ - Part 1️⃣
Modular blockchain architecture will enable @CeloOrg to overcome the key scaling issues rollups face today ✨
That’s why Celo is going modular! 🌱
Learn about the design concept behind #CEL2 in the first 🧵 of this new modular series 🧱
Same news in other sources
509 Jan 2024, 23:03
Stay tuned to learn more about the DA problem & how we use a modular architecture to address it in the context of #CEL2 effectively, in parts 2 & 3 of our modular series! 🧱✨
Stay tuned to learn more about the DA problem & how we use a modular architecture to address it in the context of #CEL2 effectiv
Stay tuned to learn more about the DA problem & how we use a modular architecture to address it in the context of #CEL2 effectively, in parts 2 & 3 of our modular series! 🧱✨
09 Jan 2024, 23:03
Consequently, Celo's architecture will look like this:
🌟 Execution layer (e.g. the rollup)
✅ Settlement layer (e.g. Ethereum)
🌐 Consensus/DA layer (e.g. modular DA layer)
Consequently, Celo's architecture will look like this:. Execution layer (e. the rollup). Settlement layer (e. Ethereum).
Consequently, Celo's architecture will look like this:
🌟 Execution layer (e.g. the rollup)
✅ Settlement layer (e.g. Ethereum)
🌐 Consensus/DA layer (e.g. modular DA layer)
09 Jan 2024, 23:03
6/ A solution to this is scaling Ethereum w/ rollups and it's gaining traction
Over 30 rollups, both app-specific and generalized, are currently live and validating state on Ethereum
20 more have been announced and are coming soon 👀
Source: @l2beat
6/ A solution to this is scaling Ethereum w/ rollups and it's gaining traction.
6/ A solution to this is scaling Ethereum w/ rollups and it's gaining traction
Over 30 rollups, both app-specific and generalized, are currently live and validating state on Ethereum
20 more have been announced and are coming soon 👀
Source: @l2beat
09 Jan 2024, 23:03
5/ This conflict is also referred to as the blockchain trilemma
The concept is based on the idea that a blockchain cannot reach all three core qualities that any blockchain network should strive to have all at once:
⚠️ Scalability
⚠️ Security
⚠️ Decentralization
5/ This conflict is also referred to as the blockchain trilemma.
5/ This conflict is also referred to as the blockchain trilemma
The concept is based on the idea that a blockchain cannot reach all three core qualities that any blockchain network should strive to have all at once:
⚠️ Scalability
⚠️ Security
⚠️ Decentralization
09 Jan 2024, 23:03
4/ This monolithic design approach has distinct advantages:
✅ Low complexity
✅ Simple composability among dApps
However, scaling monolithic chains without significant trade-offs on security & decentralization is a challenging endeavor
4/ This monolithic design approach has distinct advantages:. Low complexity. Simple composability among dApps.
4/ This monolithic design approach has distinct advantages:
✅ Low complexity
✅ Simple composability among dApps
However, scaling monolithic chains without significant trade-offs on security & decentralization is a challenging endeavor