Current monolithic blockchain designs are cripplingly inefficient. We are bound by the trilemma where higher throughputs necessarily mean lower security and/or decentralization. Modular architectures that specialize and split into discrete execution layers (e.g. rollups, volitions), security/consensus layer, and data availability layers (e.g. data shards) bring 100x-10,000x greater efficiency to the…

Awareness about rollups is increasing exponentially, but there are still too many bad takes. Here, I’ll address some of these myths and misconceptions to the best of my knowledge. Feel free to ask more questions, I’ll edit them in. Also, please correct me if I get something wrong.

I believe…

The argument for rollups + data shards (rads henceforth) is usually it’s more secure and decentralized. But this is only part of the story. The real reason rads are the only solution for global scale is scalability — because it’s the only way to do millions of TPS long term…

This is more of a quick speculative post, just thinking out loud. This trilemma is all about transaction quality — spam mitigation, censorship resistance and low fees. You can only have two. …

One of the critical features of rollups are that they offer trustless bridges to a highly secure layer — something that is nigh impossible to achieve in a monolithic world. Or so we thought! =nil; Foundation is doing groundbreaking work to enable actually trustless bridges.

Consider the Ethereum-Mina bridge that…

In 2009, Satoshi Nakamoto published the seminal “Bitcoin: A Peer-to-Peer Electronic Cash System” paper. Bitcoin has been wildly successful as a store-of-value, but it turned out to be a poor peer-to-peer electronic cash system as originally described. So, why did Bitcoin fail? There are a few key reasons:

  1. Dealing with…

I have been saving this for last. My goal was to demonstrate that monolithic blockchains are a technological dead end. Over 30 posts and hundreds of comments (particularly on Reddit) over the last year or so, I think I have written pretty much everything I wanted to say on the…

This one’s a bit out there, but I promise it’s relevant to blockchain tech. Stick with me.

For the longest time, CPUs & GPUs were just one slab of silicon called a silicon die. In the industry, this is called a monolithic die or a monolithic chip. Something like this:

Polynya

Rants and musings on blockchain tech. All content here in the public domain, please feel free to share/adapt/republish.

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