Modular Blockchains

A Holistic View of Ethereum and The Modular Ecosystem

July 19, 2024, 2:40 PM
A Holistic View of Ethereum and The Modular Ecosystem
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A Realistic Look Into The Modular Ecosystem

We've been of the opinion that the Cosmos Hub and Ethereum rollup-centric roadmap are converging. Both of the scaling methodologies are somewhat opposites (appchains at first vs. baselayer L1 then building vertically), however they seem to be converging.

The convergence of roadmaps is particularly interesting because of the challenges faced by Cosmos Zones and the need for upgrades via forking the chain.

In today's episode, Andy hosted Ganesh Swamy, founder of Covalent, to discuss this convergence and more. We talked about scaling data availability in rollups with Celestia and blobs, preserving and accessing transaction data with the Ethereum wayback machine and competition between data availability solutions and Ethereum itself.

Covalent emerged from a simple idea of 'pulling Ethereum transactions into Excel'. The core idea of creating a persistent, perpetual storage machine for blockchains is a result of Ganesh's extensive database engineering experience. We also discussed how this works under the hood, and why having a long-term data storage solution for blockchains is crucial.

Towards the end we went on to discuss the troubles of the token economy that we are currently in. Negative sentiment, early stage investing, high FDV low float, and some of the potential solutions that we see out there.

Join us for a holistic overview of some of the topics shaping the modular ecosystem going forward.

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