The chaos of the new public chain: permutations and combinations under the modular narrative

Two days ago, I said that after reading dozens of projects, I will write about the “public chain chaos”, the new infrastructure of ZK and OP, and the possible way out of the next generation of Gamefi.

None of the three topics will involve ABCDE’s current Portfolio, because our investment style is sniper type, and we may only make a shot once when we look at dozens of projects (an average of one per month), unlike some VCs that are shotgun styles, with hundreds of overseas investments, as long as 20 profits can cover the other 80 losses. From the perspective of ROI, there is no superiority or inferiority, but the ABCDE style is more convenient for me to analyze the industry and projects neutrally

1. Is the last door of the public chain closed?

We shouted this when ICP was first launched, because the underlying technology of the public chain and the ecological construction will take several years, and we didn’t think that the new public chain would have any opportunities at that time. At the same time, I also think that it should really be closed now, this time even the underlying language has been innovated, and then what kind of flower can the new public chain play in the future?

As a result, at present, flower work sometimes does not require too much innovation, and there are infinite possibilities when arranged and combined

The first is the modular narrative, through the various permutations and combinations brought about by the four layers of consensus, data validity, settlement, and execution, many new public chains (including application chains) have been born that have not even appeared yet

This picture will certainly be familiar to everyone

This opens up a variety of permutations and combinations

For example, the execution layer can be ETH, EVMOS, or even L2 or Solana in the future

The DA layer we have Celestia, we have ETH, we have Starkware, ZkSync has our own DA layer, we have Polygon Avail

There are various Layer 2 of the execution layer, and later Layer 3, as well as Fuel, a modular execution layer