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0/ Diving into Ethereum's Layer 2 ecosystem, a guest thread by @daddysether.eth from the Layer2Roundup. L2s are the onboarding vehicles to Ethereum's onchain economy, so today we're highlighting some of the biggest L2 updates from the past few weeks. 🧵👇
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1/ L2 protocols are scaling solutions that are designed to make transacting on Ethereum super fast, and ultra low-cost for users all over the world. Most importantly, L2s have the ability to leverage the industry-leading security properties of the Ethereum blockchain.
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2/ First up, @arbitrum launched BoLD. BoLD introduces permissionless validation, which means that any node operator can now submit a fraud proof to challenge the state of the chain. This is a huge decentralization unlock that drastically heightens the security of Arbitrum One. https://x.com/arbitrum/status/1889710151332245837
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3/ Next, @fuel-network published an in-depth guide which covers the architecture that makes up their decentralized sequencer design. This guide is helpful for people who wish to explore the benefits of a decentralized sequencer, and why they are beneficial to L2s. https://x.com/fuel_network/status/1891896128381256173
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4/ Additionally, @fuel-network hosted a live Twitter Spaces with @simplystaking to talk you through their new sequencer design. Many interesting topics were covered, such as: - Centralized vs decentralized sequencers - How sequencer design impacts censorship-resistance https://x.com/fuel_network/status/1892212618217300278
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5/ Moving on to some public goods news! The @optimism Collective has committed 8M OP to funding onchain builders who are innovating on the Superchain. Learn all about how you can become eligible: https://x.com/Optimism/status/1891910393221747096
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6/ Speaking of funding onchain development.. The @swellnetworkio team is allocating 125M SWELL to visionary builders across multiple categories who are helping to bring the L2 ecosystem to life. Be sure to apply if you are building something that fits within the outlined criteria. https://x.com/swellchain/status/1890236960872272268
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