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Quantitative Finance · Begrippenlijst

Wat is Rollup, sequencer?

Ook bekend als: rollup · sequencer

Definition 14.9 Markets III: Commodities, Energy and Crypto · Hoofdstuk 14 — Blockchains for Traders

A rollup is a chain that executes transactions off the base layer and posts them, in compressed batches, to the base layer, which then guarantees their data and, through fraud or validity proofs, their correctness. Its sequencer is the operator that orders the rollup’s transactions and produces its blocks; on most rollups it is a single operator.

A rollup orders transactions off the base layer and posts them there in batches; a bridge locks tokens on one chain and mints a claim on them on another. The sequencer and the bridge’s contracts or signers are the points of trust. Schematic.
Figure 14.3. A rollup orders transactions off the base layer and posts them there in batches; a bridge locks tokens on one chain and mints a claim on them on another. The sequencer and the bridge’s contracts or signers are the points of trust. Schematic.
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