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Abundance: The First 1 Gigagas/second Stack for Sovereign Rollups - Hilmar Orth
Episode Summary
We were joined by Hilmar Orth, founder of Gelato & Abundance, to discuss the limitations of Ethereum blockspace and why sovereign rollups are a much needed expansion to enable applications to scale.
Episode Notes
One of the most limited blockchain resources is blockspace. From Bitcoin’s Blocksize Wars to Ethereum’s scaling roadmap, a common denominator seems to have emerged in the form of rollups. Advancements in zero knowledge proofs have enabled trustless bridges, which are a cornerstone to onboarding liquidity to any blockchain. Furthermore, Celestia’s modular approach to blockchain architecture and their recent commitment to gigabyte blocks of data availability marked the beginning of commoditization for rollups. Abundance is the first rollup-as-a-service platform that is able to scale to 1 gigagas/second throughput, finally bringing off-chain applications, on-chain.
Topics covered in this episode:
- Gelato’s pivot to rollup-as-a-service platform
- Sovereign rollups
- Enshrined bridges and settlement proofs
- Abundance and 1 Gigagas/second rollups
- Modularity
- Security assumptions
- Sequencer (de)centralisation
- Social consensus
- Celestia’s DA layer bandwidth
- Ethereum native rollups
- Decentralisation and censorship-resistance
Episode links:
Sponsors:
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.io
- Chorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.one
This episode is hosted by Friederike Ernst.