MORPH: Optimistic and ZKEVM technology dual drive

1. Project introduction

Morph is an innovative project dedicated to applying blockchain technology to daily life.Its mission is to decentralize, fairness and access to everyone.Morph’s architecture integrates the advantages of Optimistic Rollup and ZKrollup, and uses decentralized sorters and modular design to reduce development and operation costs and enhance market competitiveness.

MORPH technical logic and ecological positioning are unique in the current crowded L2 track, which mainly solve the problem of liquidity splitting and user security of existing L2 projects.Moreover, Morph’s consumer L2 positioning has attracted a large number of web2 users to enter the web3 world by providing rich application scenarios and low -threshold experience.

Azim Khan, co -founder and chief operating officer of MORPH, emphasized that MORPH aims to solve a key issue in the current blockchain field, that is, existing products are mainly targeted at industry instead of ordinary users.In order to mature the blockchain industry, products must be simplified to make it easy to use ordinary users.Therefore, while Morph focuses on technology, it is committed to reducing the difficulty of users to get started, thereby attracting more ordinary users.

2. Core mechanism

2.1Decentralized sorter network

2.1.1Background and motivation

In the traditional Layer 2 (L2) solution, the sorter is usually centralized.Although this centralized sorter can provide fast transaction confirmation speed, there are the following problems:

Single -point failure: Once a centralized node fails, the entire network may have a long dying.
Unlike transaction sorting: The centralized sorter may adjust the transaction sorting based on the maximization of personal interests to obtain more miners to extract value (MEV), and may even review or reject the transactions of some users.

Morph solves the above problems by decentralized sorter network to ensure the security, stability and fairness of the network.Its design principles include high efficiency, low cost, scalability and easy maintenance.

2.1.2Main feature

Multi -node participation: Morph’s decentralized sorter network allows multiple nodes to participate in the packaging and sorting of transactions, rather than controlled by a single node.This multi -node participation mechanism improves the elasticity of the network and ensures that even if a node fails, other nodes can continue to deal with transactions.
Eliminate single -point failure: As the sorting tasks are shared by multiple nodes, the risk of single -point failure is significantly reduced, ensuring the continuous operation of the network.
Fair sorting: The decentralized sorting mechanism ensures that transactions are sorted in accordance with the principle of fairness, avoiding sorting operations based on personal interests, and improving the transparency and fairness of transactions.

2.1.3Operating mechanism

In Morph’s decentralized sorter network, multiple sorter nodes work together to deal with transactions.Its specific operating mechanism is as follows:

Selection of sorter nodes: Sortor nodes are selected through the competitive mechanism to ensure that each node has the opportunity to participate in transaction sorting.This mechanism not only increases the degree of decentralization of the network, but also inspires more nodes to participate.
Transaction packaging and sorting: Each sorter node is responsible for packaging the receiving transaction and sorting.The sorter node follows the established fair rules when packing and sorting transactions to ensure that the order of the transaction will not be controlled by individual nodes.
Sortor rotation submission: The sorter node takes turns to submit the packaging of the packaging to the main network of Ethereum.This rotation mechanism avoids excessive burden on a single node and ensures continuous submission of transactions.

2.1.4Incentive mechanism

In order to motivate more nodes to participate in sorting, Morph has designed a set of incentive mechanisms:

Sortor profit distribution: After collecting the user’s transaction fee, the sorter will redefine the profit to the project party and DAPP developers on the chain according to the established distribution mechanism.This distribution mechanism not only inspires more nodes to participate in sorting, but also encourages more projecters and developers to build and operate DAPP on the Morph platform.
fair play: Through fair profit distribution and competition mechanism, ensure that each sorter node and project party can get corresponding rewards based on their contributions to stimulate the enthusiasm of community members.

2.1.5Security and efficiency

The decentralized sorter network not only improves the security of the Morph network, but also improves the efficiency of transaction processing:

Security: The decentralized sorter eliminates the problem of single -point fault risks and unfair transaction sorting brought by centralization to ensure the overall security of the network.
High -efficiency: Multi -node collaboration work improves the efficiency of transaction processing, and ensure that transactions can be quickly confirmed and processed.

2.1.6Ecological system influence

Morph’s decentralized sorter network has a significant positive impact on its ecosystem:

Promote the development of decentralized applications (DAPP): Through fair sorting and incentive mechanisms, more developers have attracted more developers to build DAPP on the Morph platform, which has promoted the prosperity and development of the ecosystem.
Enhance user trust: The decentralized sorter network improves the transparency and fairness of the transaction, and enhances the user’s trust in the Morph network.

Morph’s decentralized sorter network solves the problem of single -point faults and transaction sorting in the existence of traditional centralized sorters through multi -node participation, fair sorting, incentive mechanism and efficient processing, and improves the security and efficiency of the network.At the same time, this decentralized sorter network has laid a solid foundation for the prosperity and development of the Morph ecosystem, and promoted more decentralized applications for innovation and active participation of users.

2.2Response validity proof (RVP)

The Morph’s RVP combines the advantages of Optimistic Rollup and Zkrollup to verify the correctness of the status through ZKPROOF, while retaining the high -efficiency transaction processing capabilities of Optimistic Rollup.This design makes RVP find the best balance between security and efficiency.

2.2.1Main features:

Hybrid verification mechanism: RVP uses the mixed verification mechanism of Optimistic Rollup and Zkrollup.By default, the system handles transactions in an efficient way, and uses ZKPROOF to verify the correctness of transactions when encountering challenges.
Short the challenge period: Through ZKPROOF verification, RVP has shortened the traditional Optimistic Rollup’s challenge from 7 days to 1-2 days, which increased the speed of transaction confirmation.
Efficient status verification: During the transaction, the sorter generates ZKPROOF to verify the correctness of the status. This method not only improves the security of the verification, but also reduces the calculation overhead.

2.2.2Operating mechanism

In the Morph’s RVP system, the transaction verification process is as follows:

Transaction processing: After the user submits the transaction, the sorter quickly handles the transaction as an Optimistic Rollup, and is packed into a block to submit it to Layer 1.
State challenge: During the state challenge period, any node can challenge the submitted state.If there is a challenge, the sorter needs to generate ZKPROOF to verify the correctness of the state.
zkproof verification: The sorter generates ZKPROOF and submits it to Layer 1 for verification.If the verification is passed, the transaction status is confirmed; if the verification fails, the transaction status is rolled back, and the challenger gets rewards.

2.2.3Safety and efficiency

The design of RVP ensures efficient transaction processing and strong security guarantee:

High -efficiency transaction processing: By default, the transaction is processed by Optimistic Rollup to ensure efficient transaction speed.
Strong security: Verify the correctness of transactions through ZKPROOF to provide strong security guarantees when encountering challenges to avoid malicious transactions and status fraud.
Reduce calculation overhead: The mixed verification mechanism of RVP reduces the calculation frequency of ZKPROOF, and only generates ZKPROOF when encountering challenges, thereby reducing the calculation overhead.

2.2.4Ecological system influence

The introduction of RVP has a significant positive impact on the ecosystem of Morph:

Raise user trust: Through strong security and efficient transaction processing, RVP has enhanced users’ trust in the Morph platform.
Promote DAPP development: High -efficiency and secure trading verification mechanisms have attracted more developers to build decentralized applications (DAPP) on the Morph platform and promote the prosperity of the ecosystem.
Reduce the threshold for development: The hybrid verification mechanism of RVP simplifies the trade -offs of developers in security and efficiency, making it easier to build and deploy applications on the Morph platform.

Morph’s response validity proof (RVP) has found the best balance between efficient transaction processing and strong security guarantee by combining the advantages of Optimistic Rollup and ZKrollup.The design of RVP not only improves the speed of transaction, but also ensures the security of the transaction and reduces computing expenses.Through RVP, the Morph platform provides users with a efficient and secure trading experience, and creates an ideal environment for developers to promote the prosperity and development of the ecosystem.

2.3Modular structure

Morph’s modular architecture consists of three main modules: consensus and execution modules, settlement modules and data availability modules.This design not only improves the flexibility and scalability of the system, but also reduces the complexity of development and operation and maintenance.

2.3.1Main characteristic

Separation consensus and execution: Separation of consensus and execution functions, similar to the design of Ethereum 2.0, avoiding the packaging of invalid transactions and improving system efficiency.
Modular collaboration: Each module operates independently and cooperates to ensure the efficient operation and flexible expansion of the system.
Compatibility: Modular design ensures high compatibility with Ethereum and other blockchain systems, and facilitates the migration and integration of developers and projectists.

Morph’s modular architecture includes the following three main modules:

2.3.2SEQUENCER Network

Duty: Responsible for the sorting and execution of the transaction to ensure that the transaction is carried out in order.
Decentralized sorter: Utilize the decentralized sorter network, multiple nodes participate in transaction packaging and sorting to improve the safety and fairness of the system.
Separation design: Separation of consensus and execution functions to avoid invalid transactions to enter the block and reduce the loss of user fees.

2.3.3Optimistic ZKEVM

Duty: Responsible for the settlement and status verification of the transaction.
Optimistic zkrollup: Combined with the advantages of Optimistic Rollup and Zkrollup, it provides high -efficiency and secure state verification.
RVP verification: When encountering challenges, ensure the correctness of transactions through ZKPROOF to ensure the security of the transaction.

2.3.4Data availability module (rollup)

Duty: Ensure the availability and storage of transaction data.
Data compression: Use ZKPROOF to compress the block content to effectively manage the cost of L1 data availability.
Multi -node submission: Multiple sorter nodes are submitted to the batch to avoid single -point failures and ensure the activity of data submission.

2.3.5Superiority

Morph’s modular architecture has a significant advantage in flexibility, scalability and compatibility:

flexibility: Each module is operating independently. Developers can choose and adjust the modules according to their needs to adapt to different application scenarios.
Scalability: The modular design is convenient for system expansion and upgrades, and can quickly adapt to new technologies and standards.
Low -cost operation and maintenance: The modular structure reduces the complexity of development and operation and maintenance, and simplifies the management and maintenance of the system.
Compatibility: High compatibility with Ethereum and other blockchain systems, which facilitates the migration and integration of developers and projectists.

2.3.6Ecological system influence

The modular architecture has an important impact on the construction and development of Morph’s ecosystem:

Promote the development of decentralized applications (DAPP): High flexibility and low -cost operation and maintenance have attracted more developers to build DAPP on the Morph platform, which has promoted the prosperity and development of the ecosystem.
Enhance user experience: Efficient transaction processing and safe status verification have enhanced the user’s trading experience and enhanced users’ trust in the Morph platform.
Simplify the development process: The modular design simplifies the development process of the developer, making it easier to build and deploy applications on the Morph platform.

Morph’s modular architecture provides a flexible, scalable and easy -to -maintain blockchain infrastructure by separating consensus and execution, settlement, and data usability.Through this modular design, Morph provides high -efficiency, security and low -cost blockchain solutions, which not only improves the performance and security of the system, but also simplifies the development process of developers and promotes the prosperity and development of the ecosystem.

3. Ecological system

The Morph’s ecosystem construction goal is to attract developers and users to join its platform by providing strong technical infrastructure and diverse incentive mechanisms, thereby promoting the widespread application of blockchain technology and the prosperity of the ecosystem.

3.1Ecosystem construction strategy

Morph’s ecosystem construction strategy includes the following aspects:

1. Cooperation with bitget

MORPH cooperates with the world -renowned cryptocurrency exchange Bitget to quickly guide initial liquidity and user transactions through its huge user base and exchange resources, and create a powerful developer ecosystem.

Bitget user base: Bitget has tens of millions of users. By using these user resources, Morph can quickly guide initial liquidity and promote user transactions.
Bitget wallet: Bitget wallet also provides users with convenient trading and asset management tools, further promoting user participation and trading activities.

2.Ecological activities and plans

Morph has continuously launched a series of ecological activities and plans to attract developers and projectists to build and operate decentralized applications (DAPP) on their platforms.

Sparkloom Builder Program: A four -month plan, including online hackers pine and incubator plans, provides a total of 20,000 US dollars of hacker pine prizes, and invites winners to join the incubator plan.30%.
Hacksummit hackathon: Hacker pine competition jointly organized with BERACHAIN, Solana, The Graph, etc., provides different Workshop and lectures around the various application scenarios around Web3 technology, and set up winning rewards to promote the development and application of Web3 technology.
Offline Meetup and Minihackerhouse: Offline activities jointly organized with OpenBuild, ChainLink, etc., helping developers who are interested in blockchain enter the Ethereum ecology.

3..Funding and technical support

Morph provides diversified funds and technical support to help developers and project parties achieve innovation and development on their platforms.

Fund support: Through the SparkLoom incubator plan and other incentive plans, Morph provides 30%of the $ 100,000 gift money and 30%of Morph initial airdrops, helping the project party to achieve rapid development from 0 to 1.
Technical guidance: Provide instructor guidance from well -known institutions such as Dragonfly, Pantera, Layerzero and other well -known institutions to help developers solve technical problems and accelerate the development and landing of the project.

3.2Incentive mechanism

Morph’s incentive mechanism design aims to motivate developers and users to participate in the construction and development of ecosystems through fair and transparent ways.

1. 1.Incentives of decentralized sorters

Morph’s decentralized sorter network not only improves the security and fairness of the system, but also entertains them to innovate and develop on the platform by reorganizing the profit of the sorter to the project party and DAPP developers on the chain.

Profit distribution: After collecting the user’s transaction fee, the sorter reorganizes the profits to the project party and DAPP developers on the chain according to the established distribution mechanism to ensure that each participant gets the corresponding rewards based on their contributions.

2.Developer incentive

Through a variety of incentive plans, Morph has attracted a large number of developers to build and operate DAPP on its platform.

Sparkloom Builder Program: Provide a generous prize pool and incubator funding to attract outstanding developers to participate in the ecosystem construction.
Technical support and guidance: Provide professional technical guidance to help developers solve technical problems and improve development efficiency.

3..User incentive

Through a variety of user incentive plans, MORPH improves users’ participation and activity, and promotes the healthy development of the ecosystem.

Use reward: When users use protocols, hold positions, borrowing, etc., users can get transparent and fair rewards.
Community participation: By decentralized sorter’s profit distribution mechanism, users can also share the income of the network and enhance the cohesion and sense of participation in the community.

3.3Ecological system influence

Morph’s ecosystem construction and incentive mechanism have a profound impact on the development of its platform:

Promoting the prosperity and development of decentralized applications (DAPP): Strong technical infrastructure and diversified incentive mechanisms have attracted a large number of developers and project parties to build and operate DAPP on the Morph platform, which has promoted the prosperity and development of the ecosystem.
Improve user experience: High -efficiency, secure, and fair trading environment improves users ‘participation and satisfaction, and enhances users’ trust in the Morph platform.
Enhance community cohesion: The fair and transparent incentive mechanism has enhanced the cohesion of the community, attracting more users and developers to join the ecosystem, and jointly promote the development of the platform.

Morph’s ecosystem construction and incentive mechanisms have attracted a large number of developers and users to participate in their platforms through cooperation with Bitget, launching diverse ecological activities and plans, providing funds and technical support, and fair and transparent incentive mechanisms.Through these measures, Morph not only promotes the widespread application of blockchain technology, but also promotes the prosperity and development of ecosystems, and has laid a solid foundation for future innovation and growth.

4. Use tutorial

4.1Step 1: Preparation work

1. 1.Install MetamaskThe

Make sure that the Metamask plug -in is installed in your browser.

2.Get Sepolia ETHThe

Go to Sepolia Faucet to receive Sepolia Eth.

In the SEPOLIA FAUCET page, enter your wallet address to complete the verification and receive the Sepolia Eth.

3..Add Morph Testnet networkThe

Visit ChainList.

Connect your METAMASK wallet and search for Morph Testnet.

Add Morph Testnet to Metamask.

4.2Step 2: Bridge eth to Morph Testnet

1. 1.Visit the Bridge pageThe

Go to Morph Testnet Bridge.

Connect your Metamask wallet or Bitget wallet.

2.Bridge ETHThe

In the Bridge page, select the number of ETH to the bridge (it is recommended to divide 0.5 ETH into multiple small transactions).

Confirm the transaction and pay the network fee, waiting for the transaction to be completed (about 20 minutes).

3..Bridge back to SepoliaThe

After completing the bridge, you can choose to pick up ETH from the Morph Testnet bridge back to Sepolia.

This step may take a longer time (20 minutes to 7 days). After the transaction is completed, remember to receive ETH on the Sepolia network.

4.3Step 3: Participate in Galaxy activities

1. 1.Participate in activitiesThe

Go to the Galaxy event page.

Complete the following tasks: follow, join Discord, join Telegram, read documents, bridge ETH, like and forward.

2.Receive NFTThe

After completing the task, use the Bitget wallet to receive NFT, which may be used for subsequent air investment snapshots.

5. Team/financing situation

The MORPH team is composed of experienced blockchain and professionals in the financial industry. Their background covers marketing, business development, project management and strategic planning.The team is committed to promoting the widespread application of blockchain technology in the fields of finance, games, social media and entertainment through innovative Layer 2 solutions.

The co -founder and CEO CECILIA HSUEH has been the CEO of PHEMEX. He has a bachelor’s degree in marketing from East China Normal University and has rich experience in leadership in the field of finance and blockchain.

The co -founder and COO Azeem Khan, the person in charge of the influence of Gitcoin, and the partner of the ForeSight Ventures and the mentor of the CONSENSYS accelerator. He has deep project management and strategic planning experience in the blockchain ecosystem.

Morph successfully raised $ 20 million in seed wheel financing on March 20, 2024.The seed wheels are led by DragonFly, Pantera Capital, ForeSight Ventures, MH Ventures, The Spartan Group.

These funds will be used to further develop and promote its innovative Layer 2 solutions.Through cooperation with well -known investment institutions and individual investors, Morph plans to accelerate the growth of its platform and promote the widely used application of blockchain technology in the fields of finance, games, social media and entertainment.

In addition, on December 11, 2023, MORPHISM announced that he had invested millions of dollars in investment of the encrypted exchange, and the specific terms were not disclosed.Through this investment, MORPHISM will further promote its technological development, especially in terms of cost benefits, security and scalability of blockchain transactions.

6. Project evaluation

6.1Track analysis

The MORPH project is the field of Layer 2 expansion solutions for blockchain technology.Specifically, it is an EVM compatible Layer 2 network that combines Optimistic Rollup and Zkrollup technology, which aims to provide high -efficiency, secure and scalable blockchain infrastructure.This makes Morph particularly suitable for decentralized applications (DAPP) that require high throughput and low delay, such as finance, games, social media and entertainment applications.

Projects similar to Morph mainly include other Layer 2 extensions. These projects are also committed to improving the scalability and efficiency of the blockchain.Here are some similar items:

1. 1.Polygon (MATIC)The

Polygon is a Layer 2 extension platform that provides a variety of extension solutions, including Plasma Chains, ZKrolLups, Optimistic Rollups, etc.

Main features: the combination of multiple expansion technologies, compatible with Ethereum, extensive developer ecosystem.

2.ArbitrumThe

Arbitrum is a Layer 2 solution based on Optimistic Rollup technology, which aims to provide fast and low -cost Ethereum transactions.

Main features: efficient transaction processing capabilities, strong security and compatibility.

3..OptimismThe

Optimism is a Layer 2 extension solution that uses Optimistic Rollup technology to focus on improving the scalability of Ethereum.

Main features: efficient transaction processing, strong developer tools support, extensive ecosystem partners.

6.2Project advantage

1. 1.Technical innovation

Decentralized sorter network: Improve the security and fairness of the network, and avoid the problem of single -point faults and transaction sorting by centralized sorters.
Response validity proof (RVP): Combined with the advantages of Optimistic Rollup and Zkrollup, provide efficient and secure transaction verification, shortening the challenge period and reducing calculation overhead.
Modular structure: Provide flexible, scalable and easy -to -be maintained blockchain infrastructure, which is convenient for developers and projectists to adjust and expand according to demand.

2.Strong investment support

It has received support from well -known investment institutions such as Dragonfly, Pantera Capital, ForeSight Ventures and other well -known investment institutions. The cumulative financing amount has reached $ 20 million, and there are millions of dollars in investment.These funds will help promote Morph’s technology development and marketing.

3..Extensive application scenarios

It is suitable for various application scenarios such as finance, games, social media and entertainment. Through efficient and secure transaction processing capabilities, these areas meet the demand for high throughput and low delay in these fields.

4. 4..Ecosystem construction

Through SparkLoom Builder Program and various hackers to attract developers and projectists to build and operate DAPP on their platforms to promote the prosperity and development of the ecosystem.

Provide a variety of incentive plans to enhance the cohesion and participation of the community.

6.3Lack of projects

1. 1.Fierce competition

Layer 2 extended solutions market competition is fierce, and projects such as Polygon, Arbitrum, Optimism, ZKSYNC and StarkNet have occupied a certain share in the market.Morph needs to continue to innovate in technology and market promotion to stand out in competition.

2.Early stage of the project

MORPH is still in the test network, and technology and marketing has not yet matured.The actual performance and feasibility of the project still need to be verified by the main network online and large -scale applications.

Although it has received a lot of funding support, it is still a challenge to effectively use these funds to quickly achieve technological development and market expansion.

3..User foundation and community construction

Compared with some competitors that have established a wide range of user bases and community, Morph needs more time and resources to expand its user base and community scale.

Although it is attracted to developers and users through various incentive plans, how the effects of these plans still need to be observed.

4. 4..Relying on ecosystem partners

The development of Morph to a large extent relies on cooperation with ecosystem partners, such as Bitget.Although these partners can provide funding and resource support, it also means that the development of the project is subject to the strategy and resource allocation of partners.

6.4Future potential

According to the roadmap published by it, it can be seen that the Morph project shows clear development plans, and gradually updates from the test network to the main network.

1. 1.2024 Q1: Test Network Beta

EVM equivalentThe

By achieving EVM equivalent, Morph ensures the compatibility of the Ethereum virtual machine (EVM).This means that developers can easily migrate existing Ethereum applications to the MORPH network, which reduces migration costs and difficulties.

Decentralized sorterThe

Realizing decentralized sorters can help improve the security and fairness of the network, and avoid single -point failure and unfair transaction sorting problems.This will enhance users’ trust in the network and promote the participation of more users and developers.

2.2024 Q2: Main Network

Optimistic ZkevmThe

Combined with Optimistic and ZKEVM technology, more efficient and secure transaction processing is provided.This innovation will greatly improve the performance of the network and meet the needs of high throughput and low latency.

EIP-4844 IntegrationThe

By integrating EIP-4844, Morph will further optimize data storage and processing to improve the scalability and cost benefits of the network.

3..2024 Q3: Main Network Update

Account abstractionThe

Account abstract will simplify the user experience and enhance the flexibility and operability of smart contracts.This helps attract more developers to build complex decentralized applications (DAPP).

Morph stakingThe

For the pledge mechanism, users can get rewards through pledge, which will enhance the security of the network and the enthusiasm of the community.

4. 4..2024 Q4: Main Network Update

Completely decentralized stackThe

Realize the completely decentralized technology stack, ensure the high decentralization and autonomy of the network, and enhance the ability of anti -examination.

Layer 3 supportThe

Introduce Layer 3 support to provide infrastructure for further expansion and complex applications.This will attract more innovative projects to join the MORPH ecosystem.

7. Conclusion

All in all, the Morph project provides high -efficiency, secure and scalable Layer 2 solutions through innovative technical architectures, combines Optimistic and ZKEVM technology.Powerful investment support and extensive application scenarios make it significantly advantage.Through the pledge mechanism and account abstraction, Morph provides a high -quality user experience and development environment.With the gradual launch and update of the main network, MORPH is expected to stand out in the blockchain Layer 2 track and promote the widespread application of blockchain technology.