Massa blockchain launched autonomous good contracts and blockclique structure to resolve the blockchain trilemma.
Blockchain expertise has been rising and redefining itself, with quite a few networks like Ethereum, Cardano, Polkadot, and so on., vigorously competing for the highlight. A key facet of this contest is the race to present customers the right steadiness between decentralization, scalability, and security.
These three parts of blockchain networks are nearly unimaginable to co-exist. This has change into referred to 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 decreased its vitality consumption after the Merge, however on the expense of changing into rather more centralized. Different blockchains, resembling Solana, have managed to attain higher scalability and first rate safety, but additionally at the price of elevated centralization.
Layer 1 blockchains are primarily based on applied sciences that operate on the blockchain degree, 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 a number of Layer 2 scaling options popping up all over the place, all attempting to treatment the issue.
There’s one Layer 1 blockchain, nonetheless, which can have already solved this troublesome growth problem. And this time, with out sacrificing decentralization. It’s time we began listening 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 beneath.
Autonomous good contracts are good contracts that don’t must be triggered to operate. Usually, good contracts on a blockchain are triggered by exterior handlers like bots or servers, and this hinders decentralization, which reinforces the trilemma. Therefore, Massa solves the trilemma by utilizing autonomous good contracts, which want solely on-chain data 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 group, the test version of the Massa blockchain is at the moment out there to be used, and the white paper; “Blockclique: Scaling Blockchains through Transaction Sharding in a Multithreaded Block Graph” particulars how the blockclique features to resolve the trilemma.
Simply one other Layer 1 blockchain?
Not glad with being simply one other overhyped Layer 1 chain, Massa truly delivers revolutionary options for a number of the most urgent issues in blockchain, all of the whereas making large enhancements in different areas as properly.
One of many group’s extra attention-grabbing 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 achieved proper
When speaking about community decentralization, among the best standards is the Nakamoto Decentralisation Coefficient. That is the place Massa’s achievements actually shine. The Nakamoto coefficient measures the minimal variety of customers (not validators, however actual folks) required to disrupt a decentralized system.
As a result of there are a lot of entities holding numerous 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). With a view to compromise a community, the attacker solely wants to attain a majority of 51%. Nevertheless, some blockchain networks require a better proportion.
Apparently, the variety of nodes isn’t the only issue figuring out the Nakamoto coefficient. There are different variables, such because the variety of lively builders and international distribution of nodes, plus the variety of purchasers and homeowners additionally taking part in important roles.
Quite a lot of 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 (apart from Bitcoin).
(NDC of blockchains. Supply: Massa.internet)
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 validators
- Cardano – 3200 validators
- Solana – 2051 validators
As a result of decentralization lies on the very core of the blockchain ethos, the Massa group believes that when a blockchain isn’t actually decentralized, then it’s principally the identical as an AWS database. The group maintains that Maasa has achieved unprecedented ranges of decentralization by way of a variety of community-focused strategies.
Anyone can run a Massa node
Certain, you’ve heard this one earlier than. A blockchain venture claiming that organising and working a node might be achieved by anybody, solely to go and change the rulebook later, introducing new necessities common customers can’t afford. Massa empowers all customers to, with just some tokens, create their very personal node.
No costly {hardware} required
However what sort of {hardware} is required? That’s the perfect half. For those who’re studying this, you probably have already got the required {hardware}! Customers can run their node immediately from a PC and switch it right into a validator with out sacrificing safety or scalability. That is how Massa offers 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 means 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 subsequent 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 approach to construct.
(Supply: Massa.internet)
Because of 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 boundaries to entry, in addition to to arrange and run a node with a miniscule funding.
At present working on testnet, Massa community has set its official launch someplace between This fall 2022 and Q1 2023. You’re welcome to change into an early Massa adopter and share suggestions with the Massa group on Telegram, Discord, or Twitter.
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