From 78b4dbd30ad5ba93842fac92dbd986486c243005 Mon Sep 17 00:00:00 2001
From: Alex Beckett <75361908+alex-beckett@users.noreply.github.com>
Date: Mon, 3 Jul 2023 12:43:54 +0930
Subject: [PATCH 1/7] Add files via upload
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src/pages/glossary/consen.js | 64 ++++++++++++++++++++++++++++++++++++
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+import * as React from "react"
+
+import {FooterBoxes} from "../../datas/team/content";
+import Layout from "../../components/layout";
+import BreadCrumb from "../../components/breadcrumb";
+import SocialShare from "../../components/socialShare";
+import GlossaryNav from "../../components/glossary-nav";
+import {Helmet} from "react-helmet";
+import twitterCardImage from "../../images/glossary-twitter-card.png";
+
+const title = 'Consensus';
+
+class GlossaryContent extends React.Component {
+ render() {
+ return (
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Consensus refers to a function of modular blockchains where the ordering of transactions is agreed upon by a set of validators. To agree on the order of transactions in a block, validators follow a consensus algorithm.
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Consensus refers to a function of modular blockchains where the ordering of transactions is agreed upon by a set of validators. To agree on the order of transactions in a block, validators follow a consensus algorithm.
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Consensus refers to a function of modular blockchains where the ordering of transactions is agreed upon by a set of validators.
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Consensus refers to a function of modular blockchains where the ordering of transactions is agreed upon by a set of validators.
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A consensus layer refers to a modular blockchain that provides transaction ordering for other modular blockchains, like rollups. Modular blockchains that are a consensus layer may also provide data availability, like Celestia. ‘Consensus layer’ may also refer to the consensus mechanism of a monolithic blockchain.
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Consensus refers to a function of modular blockchains where the ordering of transactions is agreed upon by a set of validators. To agree on the order of transactions in a block, validators follow a consensus algorithm.
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A data availability layer refers to a blockchain that provides data availability for other types of chains, like rollups. In the modular ecosystem, data availability layers make use of technologies like data availability sampling to provide scalable and trust-minimized data availability.
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An execution layer is a type of modular blockchain whose primary job is hosting smart contracts and executing transactions. A common example of an execution layer is a rollup. Execution layers utilize one or multiple other modular blockchains to fulfill any of the following functions: settlement, consensus, or data availability.
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An execution layer may also refer to the execution environment of a monolithic blockchain.
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Execution refers to a function of modular blockchains where transactions are executed and the new state of the chain is determined.
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In Celestia, a light node is a type of node that verifies block headers and does data availability sampling. Data availability sampling gives Celestia light nodes increased security compared to typical light clients because it lets them detect invalid blocks that have had data withheld by block producers.
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Since light nodes don’t download all block data or execute transactions, they can run on considerably cheaper hardware than full nodes.
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A modular stack is a combination of multiple modular blockchains. Multiple different types of modular stacks are possible because of how modular blockchains can be customized and combined with each other. Though, a modular stack must be made up of all functions.
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Visit this Learn Modular article to learn more about the modular stack.
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A type of blockchain that performs all four functions at once, which are execution, settlement, consensus, and data availability. Where a modular stack splits up all components across multiple layers, monolithic blockchains do so on a single layer.
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Read more about monolithic blockchains
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Monolithic blockchains are generalists that perform all functions by themselves. This is the opposite of modular blockchains, which specialize and outsource the remaining functions to other modular chains.
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A settlement layer refers to a modular blockchain whose primary role is to provide proof verification and dispute resolution for rollups. A settlement layer may also provide other features for rollups, such as a liquidity source or bridging hub. 'Settlement layer' may also refer to a monolithic blockchain used by rollups for the function of settlement.
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Read settlement in the modular stack for more information on settlement layers.
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Settlement primarily refers to a function of modular blockchains where transaction proofs from rollups are verified and disputes are resolved. Modular blockchains that specialize in settlement (e.g. settlement layers) may also provide other features, such as a liquidity source or bridging hub.
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A type of blockchain that specializes in only a few functions, rather than all of them. The key functions are
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Modular blockchains are specialists that only perform one or two functions. The functions that modular blockchains can specialize in are:
- - Execution
- - Settlement
- - Consensus
- - Data availability
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Modular blockchains are arranged as a modular stack, with each blockchain in the stack referred to as a “layer”. Since modular blockchains only provided a subset of the key functions, this enables them to to be purpose-built for the functions it provides.
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Modular chains don’t sit alone, though. Multiple of them combine to perform all the tasks a monolithic chain does by itself. This combination of chains is what we call a modular stack.
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For example, Celestia is a consensus and data availability layer as it only provides ordering over transactions (consensus) and verifying that their data is available.
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For example, Celestia is a modular blockchain that specializes in providing consensus and data availability for other types of chains.