📪Overview of ME Network

ME Network decouples the currently popular "monolithic chain" into separate layers: execution, settlement, data availability, and consensus. By combining a modular technology stack and Rollup[1] as a Service, ME Network significantly enhances the efficiency and convenience of blockchain development, thereby bringing unprecedented scalability to the network.

Under this framework, ME Network's ME Hub is responsible for settlement and state verification consensus functions, and it opens up the execution layer's construction capabilities to third parties. By providing a series of easy-to-use development components, it not only reduces development costs but also simplifies the development process, making it simpler, faster, and more efficient. Developers can customize their own Rollup-chain based on their needs, building their unique ecosystems. For example, national zone node operators can customize national chains according to specific requirements.

Furthermore, we have also developed a native on-chain identity system aimed at returning identity sovereignty to users and granting the issuance power of identities to various legitimate institutions, while also considering compliance, privacy protection, and immutability.

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[1] Vitalik Buterin. An Incomplete Guide to Rollups. 2021