Explore Layer 1 Blockchain that adequately solves the trilemma
Massa blockchain introduced autonomous smart contracts and blockclique architecture to solve the blockchain trilemma.
Blockchain technology has grown and redefined itself, with many networks such as Ethereum, Cardano, Polkadot, etc. competing vigorously for the limelight. A key aspect of this competition is the race to provide users with the perfect balance between decentralization, scalability and security.
These three elements of blockchain networks are almost impossible to co-exist. This has become known as blockchain trilemmaand limits large Layer 1 chains, resulting in a noticeable regression in the crypto space as blockchains become increasingly centralized.
Ethereum significantly reduced energy consumption after the merger, but at the cost of becoming much more centralized. Other blockchains, such as Solana, have managed to achieve better scalability and reasonable security, but also at the expense of increased centralization.
Layer 1 blockchains are based on technologies that work at the blockchain level, while Layer 2 blockchains integrate third-party solutions with layer 1 technology. This trilemma limitation on Layer 1 blockchains is why we’ve seen many Layer 2 scaling solutions popping up all over the place, all trying to solve the problem.
However, there is one Layer 1 blockchain that may have already solved this difficult development challenge. And this time, without sacrificing decentralization. It’s time we start paying attention Mass.
So, what is Massa?
Massa is a newly developed Layer 1 blockchain that finally manages to combine the ever-elusive trifecta of security, decentralization and scalability. It solves the blockchain trilemma by uniquely combining several state-of-the-art innovations in its technology stack, such as transaction slicing, autonomous smart contracts, and blockclique architecture. Watch the blockchain trailer below.
Autonomous smart contracts are smart contracts that do not need to be triggered to work. Normally, smart contracts on a blockchain are triggered by external processors such as bots or servers, and this prevents decentralization, which reinforces the trilemma. Therefore, Massa solves the trilemma by using autonomous smart contracts, which only need information from the chain to be triggered.
Blockclique architecture, which makes it possible to break down blockchain tasks into small units or “shards” that are processed simultaneously, also contributes significantly to how the Massa blockchain solves the trilemma.
Started in 2017 by an experienced team, the test version of Massa blockchain is currently available for use, and the white paper; “Blockclique: Scaling blockchains through transaction sharing in a multi-threaded blockchain“ details how the block clique works to solve the trilemma.
Just another Layer 1 blockchain?
Not content to be just another overhyped Layer 1 chain, Massa is actually delivering innovative solutions for some of the most pressing problems in blockchain, while making major improvements in other areas as well.
One of the team’s more interesting technological breakthroughs is in the area of autonomous smart contracts, further strengthening the important decentralization aspect of Massa. As a core value of Massa, decentralization is the one feature that separates blockchain networks from the growing monopoly of Web2 networks.
Decentralization done right
When talking about network decentralization, one of the best criteria is Nakamoto decentralization coefficient. This is where Massa’s performance really shines. The Nakamoto coefficient measures the minimum number of users (not validators, but real people) required to disrupt a decentralized system.
Because there are many entities that have a large number of validators, the Nakamoto coefficient of many coins (including Bitcoin) is around 3 or 4 (relative to the hash rate of the largest mining pools). To compromise a network, the attacker only needs to achieve a 51% majority. However, some blockchain networks require a higher percentage.
Interestingly, the number of nodes is not the only factor that determines the Nakamoto coefficient. There are other variables, such as the number of active developers and global distribution of nodes, plus the number of clients and owners that also play important roles.
Many of the highly rated Tier 1 networks’ scores are quite poor:
Massa’s results of over 1,000 set a new record for the Web3 world’s most decentralized blockchain (besides Bitcoin).
(NDC of blockchains. Source: Massa.net)
There are over 6,000 validator nodes running on the Massa network testnet, a number that is set to increase after the official launch. Let’s take a quick look at that metric for other, less decentralized networks:
- Avalanche – 1209 validators
- Cardano – 3200 validators
- Solana – 2051 validators
Because decentralization is at the very core of the blockchain ethos, the Massa team believes that when a blockchain is not truly decentralized, it is basically the same as an AWS database. The team maintains that Maasa has achieved unprecedented levels of decentralization through a wide range of community-focused methods.
Anyone can run a Massa node
Sure, you’ve heard this one before. A blockchain project that claims setting up and running a node can be done by anyone, only to change the rulebook later, introducing new requirements that average users can’t afford. Massa gives all users the opportunity, with just a few tokens, to create their own node.
No expensive hardware required
But what kind of hardware is needed? That’s the best part. If you’re reading this, you probably already have the necessary hardware! Users can run their node directly from a PC and turn it into a validator without sacrificing security or scalability. This is how Massa brings true decentralization to the world.
Blockchain we need
The blockchain trilemma has yet to be adequately resolved by all the major layer 1 blockchains out there. Some are in dire need of scaling solutions and severely lacking in security features, while others are still far too centralized.
Massa proactively solves the blockchain trilemma, achieving scalability without the need for any Layer 2 solutions. This, along with its level of decentralization and accessibility, uniquely positions Massa as the one viable blockchain for the Web3 future. The project is largely ready to integrate the next 1 billion users into Web3, providing them with an accessible, scalable, secure and user-friendly environment.
Can Massa be the Layer 1 blockchain of Web3?
With 10,000+ transactions/second and its 1000+ Nakamoto coefficient, Massa has proven that it does not compromise on security. It has finally given blockchain users and developers a new way to build.
(Source: Massa.net)
Thanks to Massa’s autonomous smart contract function and its blockclique architecture, this blockchain is the most decentralized layer 1 in the space. The cherry on top is Massa’s invitation to everyone to build on it without any barriers to entry, as well as to set up and operate a node with a minimal investment.
Currently running test netThe Massa network has set its official launch sometime between Q4 2022 and Q1 2023. You are welcome to become a Massa early adopter and share feedback with the Massa community at Telegram, disagreement, or Twitter.
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