crypto

6. Based rollups ultimately won't take off in 2025.

Good enough interop via protocols like Across will be achieved.

No line of sight to universal synchronous composability.

7. TEEs will become an integral (and ultimately permanent) component of L2 infrastructure.

Mippo 🟪

What does this mean?

https://x.com/MikeIppolito_/status/1870938945971949745

Everyone will capitulate to using TEEs for verifiable transaction ordering, in service of lowering tx latency (a la Flashbots' rollup boost: https://writings.flashbots.net/introducing-rollup-boost)

"Ultimately permanent" because trusting SGX is the path of least resistance compared to ZK proofs or another software-based verifiable compute mechanism, since the performance isn't there yet

Explain like I'm someone in crypto 10 years but aren't 2-3 clicks deep in how transaction ordering works in late 2024

You can farm out transaction ordering to multiple people, and then re-assemble them as the sequencer to save time

You also can ensure they don't do anything fishy because they assemble the partial blocks in the TEE