bitcoin
Bitcoin (BTC) $ 16,456.77 0.27%
ethereum
Ethereum (ETH) $ 1,205.59 1.16%
tether
Tether (USDT) $ 1.00 0.05%
bnb
BNB (BNB) $ 312.25 3.85%
usd-coin
USD Coin (USDC) $ 0.999194 0.10%
binance-usd
Binance USD (BUSD) $ 0.998293 0.24%
xrp
XRP (XRP) $ 0.400327 0.98%
dogecoin
Dogecoin (DOGE) $ 0.090153 0.26%
cardano
Cardano (ADA) $ 0.31443 0.47%
matic-network
Polygon (MATIC) $ 0.846795 0.41%
polkadot
Polkadot (DOT) $ 5.33 1.06%
staked-ether
Lido Staked Ether (STETH) $ 1,183.74 1.26%
litecoin
Litecoin (LTC) $ 75.79 1.26%
shiba-inu
Shiba Inu (SHIB) $ 0.000009 2.02%
okb
OKB (OKB) $ 20.99 0.73%
dai
Dai (DAI) $ 0.999648 0.07%
solana
Solana (SOL) $ 14.13 0.01%
tron
TRON (TRX) $ 0.052756 0.49%
uniswap
Uniswap (UNI) $ 5.44 0.21%
avalanche-2
Avalanche (AVAX) $ 12.75 1.08%
leo-token
LEO Token (LEO) $ 4.02 3.77%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 16,344.57 0.26%
chainlink
Chainlink (LINK) $ 7.16 5.30%
cosmos
Cosmos Hub (ATOM) $ 10.16 1.51%
ethereum-classic
Ethereum Classic (ETC) $ 19.97 0.32%
the-open-network
The Open Network (TON) $ 1.71 0.77%
monero
Monero (XMR) $ 135.89 0.48%
stellar
Stellar (XLM) $ 0.088661 1.83%
bitcoin-cash
Bitcoin Cash (BCH) $ 111.83 1.42%
quant-network
Quant (QNT) $ 121.03 5.81%
algorand
Algorand (ALGO) $ 0.239257 1.41%
crypto-com-chain
Cronos (CRO) $ 0.064701 0.86%
filecoin
Filecoin (FIL) $ 4.28 0.34%
vechain
VeChain (VET) $ 0.018952 1.12%
near
NEAR Protocol (NEAR) $ 1.61 1.39%
apecoin
ApeCoin (APE) $ 3.60 11.83%
hedera-hashgraph
Hedera (HBAR) $ 0.050253 1.50%
frax
Frax (FRAX) $ 0.997691 0.18%
flow
Flow (FLOW) $ 1.12 0.35%
internet-computer
Internet Computer (ICP) $ 3.88 0.88%
elrond-erd-2
MultiversX (Elrond) (EGLD) $ 43.80 3.45%
eos
EOS (EOS) $ 0.921398 2.08%
terra-luna
Terra Luna Classic (LUNC) $ 0.00016 1.21%
huobi-token
Huobi (HT) $ 7.19 5.39%
chiliz
Chiliz (CHZ) $ 0.173152 0.65%
chain-2
Chain (XCN) $ 0.042533 1.10%
theta-token
Theta Network (THETA) $ 0.91305 1.58%
paxos-standard
Pax Dollar (USDP) $ 1.00 0.12%
tezos
Tezos (XTZ) $ 0.988991 0.31%
the-sandbox
The Sandbox (SAND) $ 0.562945 0.44%

Do we need yet another Layer 1?

30/11/2022
05/12/2022
07/12/2022
08/12/2022

MetaVentures Bangkok 2022

Bangkok, Thailand
14/12/2022
27/02/2023

ICBM Expo

Dubai, UAE
03/03/2023
Do we need yet another Layer 1?

Disclaimer: The textual content beneath is an advertorial article that’s not a part of Coinbold.io editorial content material.

Meet the L1 that’s truly fixing the blockchain trilemma

Blockchain expertise has been round for many years, however it didn’t develop into in style till the rise of Bitcoin. Satoshi Nakamoto’s thought of a decentralized community, a direct response to the 2008 monetary disaster, supplied an alternative choice to the outdated, centralized legacy techniques. Since then, blockchain tech has been blooming with quite a few networks vying for the highlight. All of them are competing to supply the perfect platform and supply customers a very good stability between decentralization, safety and scalability. These three components are sometimes thought unattainable to mix based on the blockchain trilemma. This perception addresses the challenges that builders face when designing a brand new blockchain and posits that reaching all three concurrently is an unrealistic aim.

Currently, all in style Layer 1 blockchains undergo from the trilemma and an growing lack of decentralization. We’re witnessing a regression within the area the place blockchains develop into an increasing number of centralized with quite a few examples. Up till lately (earlier than the Merge), Ethereum was arguably probably the most decentralized and safe community, however it had main scaling points. That’s why we’re seeing tons of Layer 2 scaling options, all making an attempt to repair the issue. After the Merge, Ethereum decreased its power consumption drastically, however it additionally turned far more centralized. Other chains, similar to Solana, have higher scalability and respectable safety achieved, as soon as once more, at the price of decentralization. But there’s one Layer 1 blockchain which will have solved this growth impediment with out throwing decentralization beneath the bus. It’s time we speak about Massa.

What is Massa?

Massa is a brand-new Layer 1 blockchain that achieves the holy trinity of safety, decentralization and scalability. It solves the trilemma by means of uniquely superior technological improvements, similar to autonomous sensible contracts, blockclique structure and transaction sharding.

The Massa founders aren’t any strangers to cutting-edge expertise and the scientific discipline. Massa Labs, the corporate behind Massa, was based in 2020, however the work on the mission has been ongoing since 2017. The driving power behind Massa are:

  • Sébastien Forestier – CEO
  • Damir Vodenicarevic – Head of Development
  • Adrien Laversanne-Finot – Strategy Lead 

The trio combines huge expertise in synthetic intelligence and theoretical physics, placing their data to work in an enormous effort to resolve the blockchain trilemma. How do they obtain that? Back in 2020, the corporate printed its technical paper “Blockclique: Scaling Blockchains through Transaction Sharding in a Multithreaded Block Graph”. In it, the group goes into element in regards to the technological developments they’ve achieved and the way blockchains now not must make a tough selection, rendering the favored trilemma a factor of the previous.

Why yet another Layer 1 blockchain? 

Far from content material with being simply another Layer 1, Massa brings revolutionary options to a number of the greatest issues in blockchain expertise, whereas making enormous enhancements in different areas as nicely. One of the most important technological breakthroughs made by the group is within the discipline of sensible contracts, additional empowering the decentralization of Massa.

Inspired by the Bitcoin whitepaper, the group behind the mission holds decentralization to coronary heart. Decentralization is a core worth in Massa, because it’s the one factor that units blockchain networks from the monopoly of Web2. If blockchain expertise is to construct a greater future, decentralization is the one factor that may’t be compromised on. 

Massa’s Unparalleled Decentralization

When it involves community decentralization, the Nakamoto coefficient is without doubt one of the greatest standards and it’s the place Massa really shines. The Nakamoto coefficient represents the minimal variety of folks (not validators however actual individuals) wanted to disrupt the system. Since many entities maintain an enormous variety of validators the Nakamoto coefficient of Bitcoin and plenty of different cash is round 3 or 4 relying on the hash price of the most important mining swimming pools, whereas the considered one of Ethereum was solely of three as of April 2022 (earlier than the Merge which is taken into account to have impacted this in a unfavourable manner much more).

In order to deprave a community, an attacker wants a easy majority of 51% however some blockchains require a better proportion. The variety of nodes isn’t the one issue that determines the Nakamoto coefficient. Other components, similar to node distribution across the globe, energetic builders, in addition to the variety of shoppers and house owners additionally play a key position.

Many of the highest 10 Layer 1 networks have quite poor scores:

  • Cardano – 24
  • Solana – 19
  • Avalanche – 25

Massa’s outcomes go over 1000, which units a brand new report for probably the most decentralized blockchain on the earth of Web3 (other than Bitcoin). The Massa community has over 6000 nodes operating on its testnet, and that quantity is about to develop greater after the official launch. This is superior to the variety of validators on different in style chains

  • Avalanche – 1209 validators
  • Solana – 2051 validators
  • Cardano – 3200 validators

Decentralization is without doubt one of the fundamental tenets on the earth of blockchain. According to the Massa group “If a blockchain isn’t decentralized, then it’s no better than a database on AWS”. Massa achieves unseen ranges of decentralization from day one by means of a wide range of strategies which have a heavy deal with neighborhood.

Anyone can run a Massa node

You’ve most likely heard this one earlier than. A mission claiming that anybody is ready to run a node, solely to vary the principles afterward and make the necessities greater than what the typical consumer can afford. Massa makes it doable for all customers to create their very personal node with just some tokens.

No costly {hardware} wanted

But what in regards to the {hardware}? That’s the perfect half. You received’t need something that you simply don’t already possess! Users can run a node straight from their private laptop and switch it right into a validator. Massa affords the world actual decentralization with out sacrificing scalability or safety to attain it.

The blockchain we need 

All of the massive blockchains have yet to resolve the trilemma. Some need scaling options and lack safety whereas others are too centralized. Massa solves the trilemma and doesn’t need layer 2 options to attain true scalability. With its unparalleled decentralization and accessibility paired with the best diploma of safety, Massa is uniquely positioned to be the way forward for blockchain. The mission is able to onboard the subsequent billion customers into Web3, providing them a safe, scalable, accessible and easy-to-use atmosphere.

Massa, the Layer 1 blockchain of tomorrow

The group behind Massa has single-handedly solved the blockchain trilemma and has introduced the world with a blockchain that’s concurrently safe, scalable and decentralized. A real precedent within the blockchain area.

With over 10,000 transactions per second and a Nakamoto coefficient surpassing 1000, Massa doesn’t compromise with safety and affords each customers and builders a brand new method to construct. Thanks to its autonomous sensible contracts and blockclique structure Massa is probably the most decentralized Layer 1 blockchain within the area. It invitations everybody to simply construct on it or begin operating a node with a minimal funding.

The Massa community is presently operating in testnet and targets an official launch between This autumn 2022 and Q1 2023. Become an early adopter and share your suggestions with the neighborhood on Telegram, Discord or Twitter. It’s time for blockchain expertise to take a daring step into the longer term!

Top Gainers
NamePrice24h %
Top Losers
NamePrice24h %