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Layer by Layer Issue 17: Fantom, Solana, Harmony, and NEAR

January 17, 2022, 4:27AM EST • 22 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Blockchain ecosystems are now emerging faster than ever with the help of EVM, bridges, and incentives Growing L1 networks continue to face unexpected scaling challenges as they attempt to meet user demand This week, we take a look at …

Comparing sharding technologies

January 5, 2022, 11:11AM EST • 10 min read Quick Take There are two main types of sharding for blockchains: state and network State sharding is typically more difficult to execute but scales blockchains more sustainably than network sharding Contrary to the belief that shard chains are fully functional, most shard chains are currently mainly utilizing a single shard for smart contracts to reduce the technical complexity The eventual growth in shard chains can serve as a useful precursor for …

Growth of shard chain ecosystems

December 28, 2021, 10:07AM EST • 12 min read Quick Take Shard chains are blockchains that scale by running processes in parallel Some shard chains have seen significant developments in their ecosystems However, the functionality of these applications does not guarantee their success Many applications in shard chain ecosystems are still struggling to bootstrap liquidity and sustain growth in terms of user adoption Join The Block Research for exclusive research like this Gain access to this research piece and 100s …

Layer by Layer 2021 Review: Part 2

December 15, 2021, 3:40PM EST • 32 min read Quick Take This is a section from The Block Research’s upcoming 2022 Digital Assets Outlook report L1 chains have undergone significant upgrades this year, with many non-EVM compatible chains specifically optimizing for performance and growth Over time, blockchains are becoming increasingly interconnected as teams focus on enabling value transfer between L1s Cross-chain bridges have grown dramatically this year, becoming major sources of capital movement between chains Join The Block Research for …

Layer by Layer 2021 Review: Part 1

December 8, 2021, 4:41PM EST • 12 min read Quick Take This is a section from The Block Research’s upcoming 2022 Digital Assets Outlook report Layer-1 blockchains have seen significant growth throughout 2021, capturing market share from Ethereum and employing varied strategies to build their own ecosystems Incentives and increased funding have played a key role in the growth of L1 platforms With many L1 ecosystems reaching new all-time highs in total value locked, competition remains intense among DeFi protocols …