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The Philosophy of Ethereum According to Bankless' David Hoffman

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CHAPTER

Ethereum's Decentralization Challenge

The decentralization just isn't there at anywhere near what you see from other L1 ecosystems because each cosmos world is its own thing. And so for those to actually reach the levels of decentralization that you would need, there are some core technology innovations that haven't been done specifically around things like sequencers,. That's just like no one knows how to do this yet. There's a few theoretical papers, but no one has figured out a way for permissionless sequencers to sort of exist and run.

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