What design succeeded the penny-farthing and resembles modern cycles?
Answer
Safety bicycle
The safety bicycle marked a revolutionary shift in bicycle design, effectively rendering the high-wheeled penny-farthing obsolete. This new design is characterized by its diamond-framed structure and, crucially, its chain-driven mechanism connecting the pedals to the rear wheel. This configuration allowed both wheels to be roughly the same, much smaller size, drastically improving stability, accessibility, and lowering the center of gravity, thus establishing the fundamental geometry seen in nearly all modern bicycles.

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