The article discusses critical components of an ideal Layer 2 blockchain design, particularly focusing on the mechanisms for deciding the correct state. Various security parameters are examined, including the implications of different consensus algorithms like Proof of Work. The article highlights that the efficiency and security of these state transition mechanisms are paramount in ensuring that malicious actors cannot undermine the system. Various rollup designs are compared, illustrating their approaches to managing state and validating transactions, each with unique assumptions impacting efficiency and security.
In the Ethereum v1 architecture, the consensus mechanism is based on Proof of Work, where all validators are also miners, reinforcing the need for a majority stake to prevent attacks.
Security assumptions shape the design of state transition mechanisms, highlighting the essential balance between resource utilization and ensuring a robust scaling efficiency in different rollup implementations.
Collection
[
|
...
]