Massa blockchain launched autonomous good contracts and blockclique structure to unravel the blockchain trilemma.
Blockchain expertise has been rising and redefining itself, with quite a few networks like Ethereum, Cardano, Polkadot, and so forth., vigorously competing for the highlight. A key facet of this contest is the race to offer customers the right stability between decentralization, scalability, and safety.
These three parts of blockchain networks are nearly not possible to co-exist. This has change into generally known as the blockchain trilemma, and limits giant Layer 1 chains, which resulted in a noticeable regression within the crypto house as blockchains have gotten more and more centralized.
Ethereum considerably lowered its power consumption after the Merge, however on the expense of turning into far more centralized. Other blockchains, resembling Solana, have managed to realize higher scalability and respectable safety, but additionally at the price of elevated centralization.
Layer 1 blockchains are based mostly on applied sciences that operate on the blockchain stage, whereas Layer 2 blockchains combine third-party options with layer 1 expertise. This trilemma limitation on Layer 1 blockchains is the rationale we’ve been seeing numerous Layer 2 scaling options popping up in all places, all making an attempt to treatment the issue.
There is one Layer 1 blockchain, nonetheless, which can have already solved this tough improvement problem. And this time, with out sacrificing decentralization. It’s time we began being attentive to Massa.
So, what’s Massa?
Massa is a newly developed Layer 1 blockchain that lastly manages to mix the ever-elusive trifecta of safety, decentralization, and scalability. It solves the blockchain trilemma by uniquely combining a number of state-of-the-art improvements in its expertise stack, resembling transaction sharding, autonomous good contracts, and blockclique structure. Watch the blockchain trailer under.
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Autonomous good contracts are good contracts that don’t have to be triggered to operate. Normally, good contracts on a blockchain are triggered by exterior handlers like bots or servers, and this hinders decentralization, which reinforces the trilemma. Hence, Massa solves the trilemma by utilizing autonomous good contracts, which want solely on-chain info to be triggered.
Blockclique structure, which permits the breaking down of blockchain duties into small models or “shards” that are processed concurrently, additionally contributes significantly to how Massa blockchain solves the trilemma.
Initiated in 2017 by an skilled workforce, the check model of the Massa blockchain is at present out there to be used, and the white paper; “Blockclique: Scaling Blockchains through Transaction Sharding in a Multithreaded Block Graph” particulars how the blockclique capabilities to unravel the trilemma.
Just one other Layer 1 blockchain?
Not glad with being simply one other overhyped Layer 1 chain, Massa truly delivers modern options for a few of the most urgent issues in blockchain, all of the whereas making large enhancements in different areas as effectively.
One of the workforce’s extra fascinating tech breakthroughs is within the space of autonomous good contracts, which additional empowers the all-important decentralization facet of Massa. Being a core worth in Massa, decentralization is the one characteristic that differentiates blockchain networks from the rising monopoly of Web2 networks.
Decentralization performed proper
When speaking about community decentralization, the most effective standards is the Nakamoto Decentralisation Coefficient. This is the place Massa’s achievements really shine. The Nakamoto coefficient measures the minimal variety of customers (not validators, however actual folks) required to disrupt a decentralized system.
Because there are a lot of entities holding a lot of validators, the Nakamoto coefficient of many cash (together with Bitcoin) is round 3 or 4 (relative to the hash charge of the most important mining swimming pools). In order to compromise a community, the attacker solely wants to realize a majority of 51%. However, some blockchain networks require the next share.
Interestingly, the variety of nodes is just not the only issue figuring out the Nakamoto coefficient. There are different variables, such because the variety of energetic builders and world distribution of nodes, plus the variety of shoppers and house owners additionally taking part in important roles.
Numerous the high-ranking Layer 1 networks’ scores are fairly poor:
Massa’s outcomes of over 1000 set a brand new file for the Web3 world’s most decentralized blockchain (moreover Bitcoin).
(NDC of blockchains. Source: Massa.web)
There are over 6000 validator nodes working on the Massa community testnet, a quantity that’s set to extend after the official launch. Let’s have a fast take a look at that metric for different, much less decentralized networks:
Avalanche – 1209 validatorsCardano – 3200 validatorsSolana – 2051 validators
Because decentralization lies on the very core of the blockchain ethos, the Massa workforce believes that when a blockchain isn’t really decentralized, then it’s principally the identical as an AWS database. The workforce maintains that Maasa has achieved unprecedented ranges of decentralization by a variety of community-focused strategies.
Anybody can run a Massa node
Sure, you’ve heard this one earlier than. A blockchain venture claiming that establishing and working a node will be performed by anybody, solely to go and change the rulebook later, introducing new necessities common customers can not afford. Massa empowers all customers to, with just some tokens, create their very personal node.
No costly {hardware} required
But what sort of {hardware} is required? That’s the most effective half. If you’re studying this, you almost certainly have already got the mandatory {hardware}! Users can run their node immediately from a PC and switch it right into a validator with out sacrificing safety or scalability. This is how Massa provides the world true decentralization.
The blockchain we’d like
The blockchain trilemma is but to be sufficiently solved by all of the big-name layer 1 blockchains on the market. Some are in dire want of scaling options and are severely missing in safety features, whereas others are nonetheless method too centralized.
Massa proactively solves the blockchain trilemma, attaining scalability with out the necessity for any Layer 2 options. This, together with the extent of decentralization and accessibility, uniquely positions Massa because the one viable blockchain for the Web3 future. The venture is just about able to onboard the following 1bn customers into Web3, offering them with an accessible, scalable, safe, and easy-to-use setting.
Can Massa be the Layer 1 blockchain of Web3?
With 10,000+ transactions/second and its 1000+ Nakamoto coefficient, Massa has confirmed that it doesn’t compromise safety. It has lastly given blockchain customers and builders a brand new option to construct.
(Source: Massa.web)
Thanks to Massa’s autonomous good contract characteristic and its blockclique structure, this blockchain is probably the most decentralized Layer 1 within the house. The cherry on prime is Massa’s invitation to everybody to construct on it with none obstacles to entry, in addition to to arrange and run a node with a miniscule funding.
Currently working on testnet, Massa community has set its official launch someplace between This fall 2022 and Q1 2023. You are welcome to change into an early Massa adopter and share suggestions with the Massa group on Telegram, Discord, or Twitter.
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