Despite decentralization being a main pillar of blockchain technology, Layer 2 (L2) scaling solutions utilize single sequencers to organize transactions and put them in a block for validation. From a user’s standpoint, this means lower gas fees and faster finality, but this comes at the hefty price of centralization—counterintuitive to the ethos of Web3.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Metis Paves the Path to True Decentralization with Rewards for Decentralized Sequencer Nodes and Users
Despite decentralization being a main pillar of blockchain technology, Layer 2 (L2) scaling solutions utilize single sequencers to organize transactions and put them in a block for validation. From a user’s standpoint, this means lower gas fees and faster finality, but this comes at the hefty price of centralization—counterintuitive to the ethos of Web3.