Bankless 208 - Fixing Fragmentation with Justin Drake
Feb 5, 2024
Justin Drake, an Ethereum researcher at the Ethereum Foundation, dives deep into the pressing issue of fragmentation in the Ethereum ecosystem. He discusses the concept of universal synchronous composability, which aims to enhance user experience and liquidity across layer two solutions. The conversation also touches on shared sequencing as a solution to improve transaction efficiency and the evolving roles of validators. Justin explores groundbreaking technologies like dank sharding that could streamline interactions in decentralized finance.
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Rollup Competition and Collaboration
- Rollup competition without shared sequencing is negative-sum, fracturing network effects.
- Collaboration on sequencing and competition in other areas fosters healthy growth.
Focus on Collaboration, Not Sequencing Competition
- Rollups should not compete on sequencing; instead, focus on other areas like tooling or VMs.
- A shared sequencer enables super transactions across multiple execution zones.
Shared Sequencing Mechanism
- A shared sequencer allows interleaved block building across multiple rollups, enabling atomic transactions.
- This provides immediate pre-confirmations and gas price knowledge.