Opinion: Modularization will be one of the most profound trends in the evolution of district-level chains

Written by: Blue Fox Notes

Modularization not only includes some projects based on the evolution of cosmos technology (such as tia, dym, etc., in the future There are many more on the way...), including Ethereum L2/L3, BTC L2, cross-chain, etc. These different projects focus on different levels, but gradually break down the walls of the original isolated monomer chain and move towards partial integration.

In this case, the environment and form of competition will gradually evolve. Traditional competitive advantages will gradually disappear and be rebuilt through integration. This means that the uniqueness of blockchain projects becomes increasingly critical. Otherwise, it will gradually lose its competitive position in the modular trend.

1. 2-3 years of melee

With the arrival of modular blockchain, the DA layer, execution layer and even settlement layer will enter a period of great melee. After about 2-3 years After the melee, some basic projects will precipitate, and based on these basic projects, the underlying infrastructure of the entire encryption field will be formed. These infrastructures form deeper and deeper moats over time unless disruptive technologies emerge.

2. The entry window for new high-performance blockchain projects is basically closed

In the next 2-3 years, unless there is a breakthrough technology, it is likely that new independent blockchain projects will have difficulty breaking through. . Whether it is an independent blockchain or a high-performance blockchain, new entrants to the market will face tough competition and gaining a place will not be easy.

3. Existing high-performance monomer chains need to find an indispensable position

In this case, even established high-performance public chains need to be determined in fierce competition own core competencies, otherwise they may lose their competitive advantage. With the development of modular blockchains, high-performance public chains may face tremendous pressure. Compared with security, the importance of performance itself may be slightly less important.

4. Ethereum will also be impacted

Ethereum itself will also be impacted, especially the DA layer and execution layer, but this is also determined by the blockchain itself, and no single The integrated blockchain can solve all problems, including Bitcoin and Ethereum. They are all balanced, and it is inevitable that some value will be cut away.

However, Ethereum has the scarcest resource (security) in the entire encryption field, and it is indispensable.

5. Possible evolution

One of the possible evolution scenarios is that Ethereum and Bitcoin will provide the most basic settlement layer services for the entire encryption field. There may also be opportunities for a small number of L1s to have partial settlement layers; there will also be sufficient competition in the early stages of the DA layer, including Ethereum, EigenDA, Celestial, Near, Avail, etc. The execution layer mainly occurs in Ethereum L2 (op, arb, strk, zksync, blast...), high-performance public chains (Solana, avalanche, aptos, sui...), etc., as well as a large number of new entrants. The btc L2 project is on the way.

6. The End of the Savage Era in Cryptocurrency: Modularity and Mass Adoption

With the advent of modular blockchains, Ethereum and Bitcoin are gradually evolving into providers of underlying security services Furthermore, there are other DA layer, execution layer and settlement layer projects that provide different levels of services to meet applications with different needs.

The blooming of blockchain mainly occurs at the application layer, not the infrastructure. Of course, these will also have appropriate decentralization, but it will not be a hundred flowers blooming, but partial decentralization.

After the modularization of this cycle, the blockchain infrastructure competition is coming to an end. Competition at the encryption application layer will become even more intense over the next decade. These include game, social, defi, nft, AI, sharing services and more. This is the beginning of mass adoption in the field of encryption, which will only begin in 2-3 years before the field of encryption gradually moves toward mass adoption.

From 2009 to 2026, for more than ten years, it was basically a barbaric era in the encryption field, full of speculation. However, during this period, the underlying infrastructure was gradually improved, and the encryption field gradually Towards mass adoption.

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