Mode Network Description
Mode is Ethereum L2, which rewards you for expanding the network through new economic mechanisms. Mode is a new onchain economy that rewards contributions to network growth. Developers receive a percentage of the sequencer fees generated by their contracts. The smart treasury of Mode will be used to automate rewards across the ecosystem. Mode is built using the modular OP stack, and is a part of the superchain along with base and OP mainnet. Mode name service allows for seamless user-centric engagement on the mode blockchain. The mode bridge lets you transfer assets between L1 mode.
Mode Network Alternatives
Starknet
Starknet is an unrestricted decentralized ZK Rollup that operates as an L2 network on Ethereum. Any dApp may achieve unlimited computation scale without compromising Ethereum’s composability or security. Starknet maintains the security of L1 Ethereum while achieving scale. It does this by producing STARK Proofs off-chain and verifying these proofs on-chain. Starknet Contracts allow developers to deploy any business logic. Starknet will offer composability at Ethereum's level, allowing for easy development and compounding of innovation. The STARK Prover is the engine that powers StarkEx's scalability engine. It has already demonstrated its ability to process 600K transactions on Mainnet in a single proof.
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Truebit
Truebit is a blockchain-enhancement that allows smart contracts to securely execute complex computations in standard programming language languages at lower gas costs. Although smart contracts can correctly perform small computations, large computation tasks pose security threats for blockchains. Truebit addresses this problem by providing a trustless retrofitting oracle that correctly executes computation tasks. Any smart contract can issue a computation task via WebAssembly bycode to this oracle, while anonymous "miners," receive rewards for solving the task correctly. The protocol of the oracle guarantees correctness in two layers. There is a consensus layer where anyone can object if there are faulty solutions and an on-chain mechanism that incentivizes participation and ensures fair compensation. These components are formalized through a combination off-chain architecture and smart contracts on-chain.
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Keep Network
Earn by investing in Ethereum's first private computer. Keep is the best way for you to support a truly decentralized network. The public blockchain will have a privacy-focused infrastructure. The Keep network allows private data without compromising confidentiality to be used on public protocols. Keep is the only protocol truly decentralized. "Keeps" are offchain containers that allow contracts access to private data without having it exposed to the public blockchain. The Keep network stores data at the highest encryption level. Keep and tBTC were audited by the most powerful firms in the ecosystem. To earn rewards and secure Keep, learn more about how to stake on the network. Keep is a privacy layer which allows private data to be leveraged in public blockchains without compromising security and confidentiality. Keep is the network behind tBTC (the first secure and decentralized tokenized Bitcoin on Ethereum).
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Blast
The only Ethereum L2 that offers native yields for ETH and stablecoins. Blast's yield is derived from ETH staking protocols and RWA protocols. Blast users receive the yield from these decentralized protocols automatically. The default interest rate for other L2s are 0%. As contributors, our goal is to grow the economy on-chain with the highest-yielding L2. Members of the community who join us in our mission will be eligible to receive the Blast Airdrop. Blast was only made possible this year after Ethereum's Shanghai upgrade. The ETH yield generated by L1 stake, originally Lido, will be automatically transferred to the users through rebasing Ethereum on L2.
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Company Details
Company:
Mode Network
Website:
www.mode.network
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SaaS
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Documentation
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