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A new narrative redefines innovation in blockchain, and it’s not old RWA projects, or, meme coin rug-pulls. Deep-dive this exploration of modular crypto and discover 3 modular blockchain projects set for supercharged gains in March 2024 – MANTA, MATIC, ARB.
A paradigm shift in cryptocurrency is underway, as blockchain technology transitions increasingly from monolithic to modular designs – with recent launches such as Celestia (TIA) unlocking supercharged gains for pioneering early investors.
Monolithic blockchains, including layer-1 solutions such as Bitcoin and Solana, operate on a single layer, or, a cluster of closely interconnected chains, where nodes (or POW miners) handle all core functions, including consensus, data availability, and transaction validation.
Traditional monolithic blockchain design limits scalability due to the heavy load on nodes, which can compromise key aspects such as security, or, decentralization.
Contrastingly, modular blockchains introduce a division of labor among several distinct layers, each specializing in essential functions.
This separation allows for independent scaling of the execution layer, where transactions and smart contracts are processed; the settlement layer secures the ecosystem; and the data availability layer ensures transaction integrity.
Modular blockchains, exemplified by Ethereum (to some extent), Celestia, and Arbitrum, offer a promising solution to scalability challenges without sacrificing security or decentralization.
Furthermore, some ecosystems like Celestia go a step further, offering modular design opportunities with pre-made components for develops – enabling rapid deployment by newcomers to the blockchain building work. Here are the top 3 modular blockchain projects to add to your stack in March 2024.
Modular Crypto #1 – Polygon (MATIC)
Ethereum 2.0 in many ways started with Polygon (MATIC), while technically Polygon is a sidechain with its own security and validators, its primary objective is to act as a layer-2 scaling solution Ethereum and help it maintain its position as the number one smart contract platform.
As it stands Polygon is the preferred layer 2 scaling solution for Ethereum, and nothing comes close. In a little over four years, Polygon has achieved tens of thousands of dApps and more than 3 million average daily transactions.
Polygon is also a bridge between ecosystems like Solana, Avalanche, and Bitcoin (and 32 others), meaning that it will connect other blockchain networks together, creating an internet of blockchains. It is trading for $1.04 with a $10 billion market cap.
However, in its latest move Polygon plans to add an ‘AggLayer’ in a move aimed at synthesizing modular monolithic architecture ahead of Polygon 2.0.
In a further bullish development, the new AggLayer, which is set to launch in April, relies on ZK-proofs to ensure high-speed private transactions.
Modular Crypto #2 – Arbitrum (ARB)
(ARBUSDT)
The Arbitrum blockchain (ARB) is a layer-2 scaling solution for Ethereum that significantly reduces gas fees and optimizes block space by storing only essential data on the main blockchain, utilizing roll-up technology.
As an execution layer modular cryptocurrency, Arbitrum allows for faster and more cost-effective transactions without compromising the decentralized security model that Ethereum offers.
With initiatives like Arbitrum Orbit, a project that lets you create your own Arbitrum Rollup, and integration with Celestia’s modular data network, Arbitrum is a force to be reckoned with. The Arb token is priced at $1.70 with a $4.5 million market cap.
Modular Crypto #3 – Manta Network (MANTA)
Manta Network is the first execution network to launch using Celestia. In non-nerd speak, that means they collaborate closely with Celestia, a modular consensus and data network, to deploy roll-up-based scaling effortlessly. Manta aims to streamline the integration and operation of Zero-knowledge applications (learn about ZK applications here).
What sets Manta Network apart is its costs and speed – most transactions on Manta cost less than $0.01 to make a transaction – making MANTA 5x cheaper to interact with than Arbitrum, and 10x cheaper than Optimism.
As of March 25, 2024, the Manta Network’s token (MANTA) is $3.07 with a $770 million market cap.
The Bottom Line: Don’t Miss The Rising significance of Modular Blockchain Projects
Projects like Manta, Arbitrum, Celestia, and Polygon are standing at the forefront of modularity in blockchain, but in this rapidly growing narrative – there are hundreds of undiscovered gems such as the rapidly growing presale – Green Bitcoin (GBTC).
Built on Ethereum’s infrastructure using the ERC-20 token standard, Green Bitcoin introduces a massive reduction in carbon emissions utilizing Ethereum 2.0’s high-speed, low-energy proof-of-stake network.
This delivers a jaw-dropping 10,000 times reduction in energy consumption compared to traditional proof of work Bitcoin mining.
However, the fundamental paradigm shift delivered by this pathbreaking eco-crypto rests in its launch of an engaging gamified staking model that not only generates passive income for holders but also ignites a high-octane ecosystem.
The idea here is based on Bitcoin prediction markets, which engage players with daily predictive challenges aiming to test trading ability and acumen.
To win, players must stake their $GBTC to successfully forecast Bitcoin’s daily price movements, with correct calls receiving substantial $GBTC rewards – including up to 100% token bonuses!
The Road Ahead For Green Bitcoin: Empowering Eco-Revolution in Blockchain 2024
With an engaging product aiming to deliver fun to staking, and a growing community – fueled by affiliates and influencers, it’s clear that Green Bitcoin is heading for a promising future, but how is the roadmap shaping up?
As Green Bitcoin heads into the next presale phase, the project’s roadmap promises a series of exciting developments designed to enhance engagement and promote sustainability.
From plans to supercharge marketing efforts, to the highly anticipated predict-2-earn mechanism launch, and even the listing of $GBTC on premier exchanges, 2024 is poised for a growth trajectory.
So don’t miss out on investment returns with every chance of outshining Bitcoin – connect with Green Bitcoin on X and Telegram.
EXPLORE: SOL Breaks $200: Why Solana is Exploding Now Compared to Rest of the Crypto Market
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
