The Next $GRT (10x+ Potential)
Our next pick is a modular data infrastructure layer focused on solving the long-term data availability problem.
Hi Investor 👋
it’s Pick Day!
Every Saturday, you get deep dives on Micro Altcoins with 10x+ potential.
Let’s dive in!
The Data Availability Problem
The first approach to building blockchains was a monolithic design where a single blockchain does everything.
In monolithic chains like Bitcoin and Ethereum, the same set of validators handles all the functions: consensus, execution, settlement and data availability.
Data availability refers to the ability of network participants to access and verify the data stored on the blockchain. This data includes transaction details, block information, and the state of the ledger.
The Solution
On the other hand, the idea of a modular blockchain is that it can specialize in a couple of functions instead of trying to do everything.
By disaggregating the core components of a Layer 1 blockchain, modular blockchain can make 100x improvements on individual layers, resulting in a more scalable, composable, and decentralized system.
In other words, modularization breaks down the blockchain into individual components, allowing the blockchains to scale beyond their current limits.
So, for anyone monitoring the system, the data availability layer ensures that anyone can verify the inputs and outputs of these transactions to ensure they were conducted correctly.
Our next pick is a modular data infrastructure layer focused on solving the long-term data availability problem.
Now let’s tell you which project we are talking about and share the full investment case with you: