Zero Knowledge
A Deep Dive into Shared Sequencers with Espresso’s Ben Fisch
Apr 17, 2024
Ben Fisch, CEO of Espresso Systems, talks about the inner workings of L2 sequencing, MEV in the system, and shared sequencing marketplace models. They discuss separating sequencer roles, MEV impact, and how these elements collaborate. The conversation highlights surplus value, cross-chain interactions, and the importance of coordination in decentralized sequencing.
01:02:30
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Quick takeaways
- Shared sequencing involves proposers acting as sequencers for multiple chains, promoting interoperability.
- Base sequencing aligns L1 proposers to bid for L2 block proposal rights, enhancing cross-chain activities.
Deep dives
Shared Sequencing Concept and Espresso's Involvement
Shared sequencing involves the concept of proposers acting as sequencers for multiple chains simultaneously. Espresso Systems is working on creating a marketplace for auctioning sequencing rights. The idea is to allow L1 proposers on Ethereum to bid for the right to propose blocks for L2 rollups through a market mechanism like Espresso. This approach aims to enhance interoperability between different chains and optimize sequencing efficiency.
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