Uncommon Core 2.0 cover image

Uncommon Core 2.0

How will Rollups Decentralize? Proof-of-Governance and more

Jul 14, 2023
01:21:33

Podcast summary created with Snipd AI

Quick takeaways

  • Roll-ups are still in the early stages of decentralization, with a focus on transitioning control to a multi-sig and governance mechanism for roll-up contracts.
  • The focus on infrastructure in crypto is driven by the rapid innovation in areas such as MEV, roll-ups, scaling, and staking, which are crucial for creating competitive decentralized applications.

Deep dives

Roll-ups and their current state of decentralization

Roll-ups are still in the early stages of decentralization, with a focus on transitioning control to a broader multi-sig and governance mechanism. While sequencer decentralization is often discussed, the more crucial aspect is the governance and control of the roll-up contracts. Decentralizing the sequencer is a lower priority as it doesn't fundamentally impact censorship resistance. Roll-ups can make trade-offs in terms of trust and control, as their trust requirements differ from those of layer one validators. Trusted operators selected by governance can be acceptable if they abide by privacy and front-running protection. The goal is to have an opt-out mechanism in place, giving users control and preventing monopolistic behaviors.

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