The fee charged by a Layer 2 rollup's sequencer for ordering and processing transactions.
The fee charged by a Layer 2 rollup's sequencer for ordering and processing transactions. This is the L2 execution cost that users pay on top of the L1 data posting cost. Sequencer fees go to the rollup operator and are typically much lower than L1 gas fees.
The component in a rollup that orders and batches transactions before submitting them to the main chain.
A secondary network built on top of a Layer 1 to improve scalability.
The fee paid to process transactions on Ethereum and similar blockchains.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
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