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

tee = trusted execution environment

(i guess) used for decentralized transaction sequencing but it’s some research rabbithole far detached from user expertise 

yeah what is the tee <> l2 connection / why is it important relative to L1s?

most L1s have decentralized sequencing by design (at least bitcoin, ethereum, solana do)

most L2s shipped so far with centralized sequencers, what allows their operators to potentially extract mev, in some cases even censor people

how does tee relate to this exactly is out of my depth, im not deep in the research world recently

they do, but they can still be used as an improvement over a centralized sequencer:

right now all orderflow goes to base sequencer, base builds all the blocks, they have full power on txn ordering

but with a tee they could get all the orderflow, send it to a tee, and have different independent block builders propose new blocks, without sending them the actual orderflow

but not sure if this is what mike refers to

but doesn't a tee have a single owner?

cc @androidsixteen.eth