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Monad: Diving Deep into the L1 Choice

Published at
4/26/2024
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blockchain
ethereum
monad
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dopewilly
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Monad: Diving Deep into the L1 Choice

Monad's scorching transaction speeds have sparked a question: why build on L1 instead of L2? Both L1 and L2 solutions offer unique advantages, so let's unpack the reasoning behind Monad's decision and explore the heart of the Monadverse!

  1. Decentralization: The Core Principle

For Monad, decentralization reigns supreme. The L1 architecture allows for completely trustless block production, ensuring power remains distributed across the entire network. While L2 solutions offer fantastic scaling potential, they can sometimes rely on a main chain for security. This introduces a single point of potential vulnerability – something Monad strives to avoid.

  1. Shooting for the Stars (and Beyond!)

Monad has set its sights on astronomical goals – a whopping 10,000 transactions per second (TPS)! The team believes that L1 architecture, coupled with innovative features like parallelized execution, can achieve this ambitious target more effectively than scaling existing chains. L1 allows for more fundamental changes to core functionalities, potentially unlocking a higher scalability ceiling.

  1. The Blockchain Balancing Act

There's no magic formula in the world of blockchain! Both L1 and L2 approaches come with their own set of trade-offs. L2 solutions can offer faster speeds and lower fees compared to base-layer blockchains, but they may introduce additional complexity and potential security risks. Monad's team has strategically chosen the L1 path, prioritizing maximum decentralization while pushing the boundaries of scalability through groundbreaking L1 advancements.

  1. The Future of Blockchain: A Conversation Starter

The L1 vs. L2 debate is a fascinating one, and the ideal solution may vary depending on the specific project's needs. Monad's decision to focus on L1 reflects its commitment to both decentralization and achieving groundbreaking transaction speeds.

What are your thoughts?

Do you believe L1 is the future of blockchain, or will L2 solutions take center stage? Share your insights in the comments below and join the conversation!

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