A rollup that uses Ethereum's own validators (the L1 proposers) for transaction ordering instead of running a centralized sequencer.
A rollup that uses Ethereum's own validators (the L1 proposers) for transaction ordering instead of running a centralized sequencer. This makes the rollup inherit Ethereum's decentralization and liveness guarantees for sequencing. The tradeoff is potentially lower throughput than centralized sequencers.
A Layer 2 scaling solution that bundles many transactions together before posting them to the main chain.
The component in a rollup that orders and batches transactions before submitting them to the main chain.
A node operator who validates transactions and creates blocks on a proof-of-stake network.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The way Ethereum and many other chains track balances.
Get daily crypto analysis delivered to your inbox. No spam, unsubscribe anytime.