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Will Cosmos or Ethereum Win the Modularity War? | GG Research | EP 19

Good Game

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The Role of DYDX in the Future of Sequencing on Cosmodes

Is it opt-in as well or is it something that they can do on their own? Or do they have to get alignment with those Layer 2s? I assume it would be opt-in. Are you considered a money transmitter if you're running a single sequencer? I'm not aware. How does the CFTC look at you if you are at specific L2 that's running perp-dex? Should you be sharding the order book amongst a sequencer of set? That's basically... You can't do that on an E-L2 unless you decentralize the sequencer, which is different from having a shared sequencer.

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