Monolithic era (2008-2020)
Modular era (2020 - ?)
A recap of the 2022 Modular Summit 🧵 🧱
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Conversation
For the past 10 years, we’ve been stuck in a monolithic L1 loop. Over 600 people gathered at the Modular Summit to break this cycle, blueprinting the next generation of blockchains.
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The Monolithic era (2008-2020) tried scaling by creating new L1s (BSC, Avalanche, Solana) with bigger block sizes. All ended the same way – congested chains, high fees, sacrificed decentralization. To make crypto actually scale, we need a new approach.
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Enter the Modular era. took the stage to outline a clear definition of a modular blockchain and the vision for the modular stack. Simply, a modular blockchain is a blockchain that fully outsources at least one component to an external chain.
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We also learned what is NOT a modular blockchain
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The event brought together stakeholders from all corners of the blockchain industry to map the modular future. Representatives from leading L1s, L2s, and bridges participated. 37 speakers. 7 panels. 5 presentations. 4 research talks. Full recording here:
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., the Altcoin Slayer, presented on rollup security paradigms for the modular stack youtu.be/35_rr8Vf-4k?t=
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To share the Monolithic POV, of joined remotely for a debate with . Two differing visions for blockchains were revealed. Moderator ended with the question: “what is one compliment you’d give to the other?” youtu.be/35_rr8Vf-4k?t=
Replying to
Celestia believes the future is modular, where anyone can deploy their own sovereign chain as easily as deploying a smart contract. The zero-sum mindset of the L1 wars has held us back for too long. To scale, our values must change.
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. outlined the three core values of blockchain Modularism.
1. Users are first-class citizens of the network
2. Modularism, not maximalism
3. Communities can choose to be sovereign
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Our shared belief is that groups of people with shared goals have an inalienable right to self-organize, unburdened by the status quo.
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A special shout-out to our sponsors and our co-host for making this event possible.
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