Modular architecture refers to a design approach where a blockchain system is built using separate, interchangeable components. Instead of having a single, monolithic structure, the functionality is divided into distinct layers or modules, each responsible for specific tasks.This architecture typically includes layers for consensus, execution, and data availability. By separating these functions, it allows for greater scalability and flexibility, making it easier to upgrade or replace individual components without disrupting the entire system. For instance, one module can focus on transaction processing, while another manages network security. Developers can optimize each module independently, enabling more efficient resource usage and faster innovations. Overall, modular architecture promotes adaptability, allowing blockchain networks to evolve and meet changing needs while maintaining a robust structure. This approach is seen as a solution to some of the limitations faced by traditional blockchain designs, particularly concerning speed and efficiency.

Bybit Removed from France’s AMF Blacklist After Two Years of Compliance Efforts
Cryptocurrency exchange Bybit has been officially removed from the blacklist of France’s financial markets regulator, the Autorité des Marchés Financiers