We often praise Layer 2s as decentralized. But in reality, most current L2s operate on a Centralized Sequencer. Imagine the Sequencer as a ticket collector at a cinema. There is only one collector operated by the project team. This person decides who enters first, who is banned, and if they go to sleep, the cinema closes .
๐ธ Shared Sequencer replaces these dictator collectors with a Decentralized Network.
Instead of each L2 running its own sequencer, they all rent a common Shared Sequencer network.
This network consists of thousands of nodes, ensuring no censorship and zero downtime.
๐ธ The Superpower Atomic Composability, this is the Holy Grail that Shared Sequencers bring.
Currently if you want to Arbitrage. This is impossible because the chains are asynchronous. You might buy on one side but fail to sell on the other in time.
Future with Shared Sequencer Since both chains use the same Sequencer, you can submit a bundled transaction.
This turns thousands of isolated L2s into a liquidity unified Superchain.
๐ธ Currently, L2 projects earn massive revenue from Sequencer fees. Switching to a Shared Sequencer means giving up a slice of this pie.
However, in exchange, they gain security and interoperability with the entire Crypto world.
๐นShared Sequencer is the glue connecting the fragments of the Modular world. It shifts the model from Isolated Islands to a connected Pangaea.
Do you think the value of L2 tokens will be affected when they no longer have the monopoly on collecting transaction ordering fees?
News is for reference, not investment advice. Please read carefully before making a decision.
