Celestia Co-founder Nick White: Modular Blockchain to be the Future Direction of Blockchain Development

During the "TimeStamp" summit held in Singapore on September 11th, Nick White, co-founder of Celestia, stated in his speech that he believes we are entering an era of modular-driven blockchain architecture. Currently, most L1 chains are built in a unified manner, where all functionalities occur within a single protocol and a set of nodes. However, the modular approach involves breaking down these functionalities into separate layers and protocols, allowing for recombination and specialization to achieve enhanced scalability and greater flexibility.Modular networks offer several advantages. As the number of nodes increases, blocks can become larger, freeing us from limitations imposed by a fixed block size and enabling the inclusion of more transactions. Additionally, modular networks provide greater flexibility by separating execution from the foundational L1 layer of consensus and data availability, avoiding reliance on a single virtual machine. Lastly, this approach empowers shared security and facilitates the rapid deployment of new blockchains.