ok i'll bite - what is a based rollup?

https://x.com/drakefjustin/status/1798734295332274408

cypherpunk wannabe, engineer working on @frames /open-frames /opencast
https://stephancill.co.za

Simplified version: Instead of being run by the L2 organization, the sequencer (which orders L2 transactions, creates L2 blocks, and posts them to L1) is actually operated by Ethereum L1 block builders

@justindrake argues this is the most credibly neutral way to sequence L2 blocks

/ethereum #RunANode | control the memes control the minds paragraph.xyz/@chaskin

sounds like you might a different view re the most credibly neutral way to sequence L2 blocks?

The arguments he makes for why it is (check out the video 32:45) are very strong and I think eventually most people will share this perspective

I phrased my initial response cautiously because it's still early especially since no based rollups were live until recently

www.youtube.com/watch?v=YqiCpLd8ecM&t=2987s

I like baking and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com