Since the inception of Bitcoin, the monolithic chain structure has been the standard in blockchain. However, with the evolution of blockchain technology and the emergence of complex application scenarios, modular blockchains are gradually revealing their potential as the next generation of technological standards. By breaking down functions such as execution, settlement, consensus, and data availability into independent modules, modular blockchains create a more flexible, secure, and highly scalable ecosystem.
Advantages of Modular Blockchains: The Cornerstone of Future Technologies
Compared to monolithic blockchains, modular blockchains come with a range of decisive technical advantages:
- Scalability
Modular blockchains enhance the independent processing capabilities of each layer by separating core functions, avoiding systemic bottlenecks found in traditional monolithic blockchains. Each module can be customized and optimized as needed, significantly improving scalability. For example, data processing and transaction execution can be optimized separately, leading to a marked increase in transaction processing speed.
- Specialization
The design of modular chains allows each module to focus on specific functions, resulting in more efficient resource utilization and stronger system performance. The consensus layer can concentrate on enhancing security, while the execution layer can be optimized for different application scenarios. This division of labor promotes further development of blockchain technology and provides stronger technical support for various innovative applications.
- Flexibility
The modular architecture provides developers and users with greater freedom to mix and match different modules according to their specific needs. For example, in high-security scenarios, users can prioritize the consensus layer’s security, while in high-frequency trading scenarios, the execution layer can be optimized for speed. This flexibility enables the blockchain system to adapt to a wide range of use cases.
- Interoperability
Modular blockchains enhance interoperability through standardized interfaces between modules, facilitating smoother interactions between different blockchain systems. Each layer can seamlessly interact with similar layers on other blockchains, simplifying cross-chain operations and promoting collaboration within the blockchain ecosystem.
- Upgradability
One of the key benefits of modular blockchains is their ease of upgrade. Since each module operates independently, upgrading one module does not disrupt the operation of others. This design significantly shortens the blockchain’s innovation cycle, allowing for faster technological advancement and application deployment.
ME Network: Achieving a Leap in Public Chain Performance Through Modular Blockchains
In the blockchain field, the “impossible triangle” problem has long plagued developers and users — decentralization, security, and scalability cannot be achieved simultaneously. While Layer 2 solutions offer some relief, ME Network takes a significant step forward with its modular chain architecture.
ME Network divides the blockchain architecture into three main functional layers: the execution layer, the settlement layer (ME Hub), and the data availability layer. This innovative design not only addresses the performance bottlenecks of traditional blockchains but also provides flexible and customized solutions for various complex application scenarios.
- Execution Layer
Responsible for processing smart contracts and transaction execution (such as Rollup), this layer handles a large number of transactions off-chain, minimizing the on-chain load. This structure greatly enhances the system’s processing capacity, especially in high-concurrency transaction scenarios, such as large-scale trading activities in DeFi and NFT markets.
- Settlement Layer (ME Hub)
Serving as the “central brain” of the entire system, the settlement layer is responsible for confirming final results. The ME Hub not only ensures the finality of transactions but also provides consensus and security mechanisms for the entire network, ensuring the trustworthiness and security of the blockchain system.
- Data Availability Layer
Specifically responsible for storing and maintaining transaction data, this layer ensures data availability and security. Even in the event of network attacks or malicious activities, the data availability layer can provide reliable protective measures, offering strong support for users to trace assets and minimize losses.
ME Network demonstrates unparalleled advantages in handling high concurrency data processing demands
Compared to traditional monolithic chains, ME Network’s modular architecture demonstrates unparalleled advantages in processing large volumes of transactions. Especially during periods of significant market volatility, high-frequency trading scenarios like DeFi see a sharp increase in demands on system processing capabilities. ME Network addresses this with its Rollup solution, which moves the majority of transactions off-chain. Rollup is responsible for processing and executing these transactions, while the settlement layer only needs to receive and confirm the final state submission. This design significantly reduces the number of transactions processed directly on-chain, distributing large-scale computational tasks to more efficient off-chain execution. The final results are settled by the ME Hub, allowing ME Network to achieve a breakthrough in transactions per second (TPS), exceeding 60,000+, which greatly enhances the network’s concurrent processing capabilities.
In addition, ME Network offers a dedicated data availability layer service, allowing Rollup chains or other execution layers to avoid taking on all the storage and processing tasks for data themselves. The data availability layer is responsible for these heavy workloads, not only optimizing data processing performance but also further enhancing the system’s robustness and flexibility. This efficient layered design not only frees up system resources but also enables the network to handle complex scenarios more smoothly.
In the context of Real-World Assets (RWA), ME Network also plays a crucial role. For example, in the application of real estate tokenization, the transfer of asset ownership and transactions must ensure both efficient processing and the security and compliance of the transactions. ME Network handles large-scale transaction requests through its Rollup chain, while the final transaction confirmation is completed by the ME Hub. This division of labor ensures the legality and security of each asset transaction, providing robust technical support for RWA scenarios.
Through the modular chain architecture, RWA applications can flexibly choose the appropriate execution chain based on their specific needs, effectively reducing operational costs. The Rollup chain handles a large volume of transactions, while the settlement layer (ME Hub) only needs to perform the final confirmation, reducing the load on the settlement layer and significantly lowering gas fees. Looking ahead, ME Network will also build a multi-chain integration network through the MBC protocol, allowing multiple Rollup chains or other blockchain platforms to transfer assets across chains using the same settlement layer. This innovative initiative will facilitate the free flow of RWA applications between different chains, further promoting the interoperability and sustainable development of the ME ecosystem.
Conclusion
The modular blockchain, with its collaborative design architecture, provides robust technical support for blockchain networks. It not only significantly enhances system scalability, flexibility, and interoperability but also offers tailored solutions for various complex application scenarios. This is the fundamental reason why ME Network has chosen a modular chain approach. Through this architecture, ME Network lays a solid foundation for the future blockchain ecosystem and provides continuous momentum for the implementation of innovative application scenarios.
About Meta Earth
Meta Earth (ME) is based on a modular, high-performance, infinitely scalable multi-dimensional fusion underlying value network — ME Network, which supports the high-concurrency big data processing needs of traditional industrial applications.
And through an encrypted DID (Decentralized Identifier) system — ME ID & ME Pass which can effectively protect user privacy data, and a co-construction & co-governance mechanism which can fully reflect personal sovereignty and equality for all, as well as an economic model which can guarantee UBI (Unconditional Basic Income) without any distinction, Meta Earth is fully dedicated to enhancing happiness for a better life and maintaining ecological balance to promote sustainability.
**If you want to receive more airdrops or rewards, please download the ME Pass and complete the KYC. See more on the poster! **👇👇👇
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