Modular blockchain refers to a blockchain architecture that separates different functions into distinct layers or components. This approach enables greater flexibility and scalability, allowing developers to optimize each layer for specific tasks.Typically, a modular blockchain may consist of several parts, such as the consensus layer, data layer, smart contract layer, and user interface layer. By decoupling these components, improvements can be made to one layer without affecting the entire system.For example, if a new consensus algorithm demonstrates higher efficiency, it can be integrated into the blockchain without needing to overhaul the entire network. This makes modular blockchains more adaptable to technological advances.Additionally, modular blockchains can support diverse applications and use cases, offering tailored solutions for different needs. This can lead to enhanced performance and lower costs, as each layer can be designed for optimal operation.In summary, modular blockchains provide a versatile framework that enhances scalability, efficiency, and adaptability by compartmentalizing different functionalities.

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