Modular vs Monolithic: Both these types of blockchains have different architectures and handle decentralization and security separately, while also being scalable. Let's dive deeper into each of these types 👇
Modular blockchains, on the other hand, are known to outsource one of these responsibilities to an external chain. A perfect example of this isBoth these types of blockchains have different architectures and handle decentralization and security separately, while also being scalable.Scalability and higher throughput have always been a bone of contention with monolithic blockchains.
and how many blockchains compromise on decentralization for higher throughputs. On the other hand, some blockchains end up prioritizing security and decentralization, which makes them less scalable and more expensive . Modular blockchains attempt to bring the best of both worlds by being both scalable and decentralized.
To better understand how these two blockchain designs work and how they differ, let’s first attempt to understand what the core concepts of a blockchain are — especially in this context.: What defines the current state of the blockchain. For instance, this would include the block number/height of the blockchain. Consensus ensures that all validating nodes on the blockchain have the same “state.”: The data that is stored in each block of the blockchain.
In both cases, it is the monetary premium that the network issues for miners/validators that makes them participate in the protocol.has attempted to be a scalable modular aspect of the chain. However, given its current architecture and consensus mechanisms in place, it still is a monolithic blockchain. Solana is another monolithic blockchain.
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