The blockchain trilemma is the concept that a blockchain has to make trade-offs between the three core tenets (Decentralization, Speed, Security) and is unlikely to be able to improve in one area without sacrificing another.
Monolithic blockchain is a fancy way of describing a blockchain that does all of the computation and processing on a single chain. Most Layer-1s (L1) built today follow that structure and are monolithic blockchains.
Modular blockchains, on the other hand, split chains up into execution, security, and data availability layers. Each chain has a specific role and is built on top of another in order to inherit the qualities of the underlying blockchain. In Ethereum’s case, the Ethereum L1 becomes the security and data availability layer while the Layer-2s (L2) built on top of it acts as the execution layer.
SOURCE: https://www.nansen.ai/research/optimism-paving-an-optimistic-future-for-ethereum
Monolithic blockchain is a fancy way of describing a blockchain that does all of the computation and processing on a single chain. Most Layer-1s (L1) built today follow that structure and are monolithic blockchains.
Modular blockchains, on the other hand, split chains up into execution, security, and data availability layers. Each chain has a specific role and is built on top of another in order to inherit the qualities of the underlying blockchain. In Ethereum’s case, the Ethereum L1 becomes the security and data availability layer while the Layer-2s (L2) built on top of it acts as the execution layer.
SOURCE: https://www.nansen.ai/research/optimism-paving-an-optimistic-future-for-ethereum
A very good article about how to think about Ethereum, Solana, Avalanche, and NEAR:
https://medium.com/dragonfly-research/blockchains-are-cities-564327013f86
https://medium.com/dragonfly-research/blockchains-are-cities-564327013f86
Medium
Blockchains are cities
Will we live in a multi-chain world, or will there be “one chain to rule them all”?
Ethereum has officially had its first ever deflationary week. Further supply reduction once PoS goes live in July, net Ether issuance is expected to be negative for many years to come, potentially creating a boon for Ether investors.
https://thedefiant.io/ethereum-deflation-burn-rate/
https://thedefiant.io/ethereum-deflation-burn-rate/
The Defiant
Information platform at the intersection of tech and finance.
LuvMonster NFTs just had a major new drop on OpenSea...
They are available at a special $2 pre-sale price to the Coinstack community until they sell out.
Join the Telegram group for early access to each daily drop: t.me/luvmonsters
You can collect them now on OpenSea: opensea.io/collection/luvmonsters
"Welcome to the LuvMonsters NFT Collection -- where combinatorial animals made of love and joy reign over the metaverse. Let's make the LuvMonsters one of the top NFT communities as we bring joy and smiles to billions."
They are available at a special $2 pre-sale price to the Coinstack community until they sell out.
Join the Telegram group for early access to each daily drop: t.me/luvmonsters
You can collect them now on OpenSea: opensea.io/collection/luvmonsters
"Welcome to the LuvMonsters NFT Collection -- where combinatorial animals made of love and joy reign over the metaverse. Let's make the LuvMonsters one of the top NFT communities as we bring joy and smiles to billions."
🗞️ The weekly Coinstack newsletter just went out.
Market Thoughts: 2022 The Supercycle Year by Ryan Allis
https://coinstack.substack.com/p/2022-the-supercycle-year
Inside this issue:
1. Market Thoughts: 2022 The Supercycle Year by Ryan Allis
2. This Week in Crypto
📺 Upcoming Webinars: Crypto Investing for Family Offices
🗞️ Top Weekly Crypto News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Crypto Podcasts
📈 Top 10 Tokens of the Week
3. NFTs: LuvMonsters Collection - $2 Special NFTs 👀
4. Coinstack Podcast Episodes
5. Top 30: A Good Long-Term Crypto Portfolio
6. Join Our Telegram Group
7. Who We’re Following on Crypto Twitter
8. How to Get Started in Crypto Learning
Market Thoughts: 2022 The Supercycle Year by Ryan Allis
https://coinstack.substack.com/p/2022-the-supercycle-year
Inside this issue:
1. Market Thoughts: 2022 The Supercycle Year by Ryan Allis
2. This Week in Crypto
📺 Upcoming Webinars: Crypto Investing for Family Offices
🗞️ Top Weekly Crypto News
💵 Weekly Fundraises
📊 Key Stats
📝 Report Highlights
🎧 Best Crypto Podcasts
📈 Top 10 Tokens of the Week
3. NFTs: LuvMonsters Collection - $2 Special NFTs 👀
4. Coinstack Podcast Episodes
5. Top 30: A Good Long-Term Crypto Portfolio
6. Join Our Telegram Group
7. Who We’re Following on Crypto Twitter
8. How to Get Started in Crypto Learning
Substack
2022: The Supercycle Year
Thoughts on BTC vs. ETH, the supercycle, smart contract platforms, DeFi, inflation, two upcoming webinars -- plus the top news, deals, and reports -- and $2 NFTs.
🎧 New Podcast Episode: This Week in Crypto: (Ethereum Foundation Kills ‘ETH 2.0’, IMF Urges El Salvador To Discontinue BTC, Chase Closes Uniswap Founder’s Bank Accounts)
https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-BitMEX-Set-to-Acquire-a-268-Year-Old-German-Bank--Coinbase-Partners-With-Mastercard--Brazilian-Asset-Manager-To-Launch-DeFi-ETF-e1d7ht3This Week in Crypto: (BitMEX Set to Acquire a 268-Year-Old German Bank, Coinbase Partners With Mastercard, Brazilian Asset Manager To Launch DeFi ETF)
https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-BitMEX-Set-to-Acquire-a-268-Year-Old-German-Bank--Coinbase-Partners-With-Mastercard--Brazilian-Asset-Manager-To-Launch-DeFi-ETF-e1d7ht3This Week in Crypto: (BitMEX Set to Acquire a 268-Year-Old German Bank, Coinbase Partners With Mastercard, Brazilian Asset Manager To Launch DeFi ETF)