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Thousands of apps. Thousands of appchains. In harmony. Conducted by Ethereum. Spire Labs is announcing our Litepaper for the Based Stack - the next generation rollup framework for building based appchains - and coming out of stealth. 🧵
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The Based Stack litepaper is now live at https://github.com/spire-labs/litepaper/blob/main/The%20Based%20Stack%20by%20Spire%20Labs%20-%20Litepaper.pdf
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Problem Statement - Ethereum (liquidity, users, mindshare) is fragmented - developers don't have a good option to deploy apps Spire's Based Stack is (yet another😅) deployment option for apps that allows app developers to spin up a custom appchain with based features.
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When choosing where to deploy, many apps see the benefits of app-specific chains (appchains) but choose other options because of the flaws with existing appchain infrastructure: Fragmentation and isolation increase the user acquisition cost for apps on their own appchain.
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All of today's deployment options make tradeoffs between scalability, composability, and easy development. The noisy neighbor problem can be solved by moving to an appchain - but neighbors are great for bootstrapping.
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The Based Stack We believe the tradeoffs and pain points introduced above can be remedied with a small collection of research breakthroughs that, when combined in a highly configurable rollup framework, are extremely powerful. The next generation of applications is based.
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The Based Stack is a rollup framework (analogous to the OP Stack, Polygon CDK, and zkSync’s ZK Chains) that includes native support for based sequencing and other features. The Based Stack is specially designed to support “based appchains” - app-specifc rollups on Ethereum.
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The primary research breakthrough that enables composability with the liquidity, users, and protocols of Ethereum is based rollups (or more generally - based sequencing). Based sequencing is a subset of shared sequencing that includes the Ethereum L1 itself.
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For the best of both worlds, the Based Stack also supports traditional shared sequencers such as NodeKit, Espresso, Radius, and Rome. This is enabled through a new sequencing design called Forward Based Sequencing, designed by Spire Labs.
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Based appchains using the Based Stack can also capture the sequencer revenue (MEV) that their applications generate. This can grow an application's revenue by millions of dollars instantly.
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