🔥 Based Rollup: A solution to fragmentation for the Ethereum ecosystem
Based Rollup is a new Layer 2 model that allows Ethereum L1 validators to directly order transactions on L2, instead of relying on centralized sequencers like traditional rollups.
➡️ This solution was proposed by researcher Justin Drake to address the severe fragmentation issue among L2s.
😱 Why is Based Rollup a breakthrough?
Currently, rollups like Arbitrum and Optimism operate independently, which can lead to fragmented liquidity, forcing users to continuously bridge between chains.
✨ Based Rollup allows the same validator to handle multiple rollups simultaneously. Users can interact with smart contracts on different rollups in a single transaction.
As a result ➡️ Users can interact with smart contracts on different rollups in the same transaction, completely eliminating the need for bridging.
For example: Taiko has demonstrated effectiveness by returning to Ethereum fees that are 5 times higher than traditional rollups.
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