Request For Proposals: Decentralized Sequencer Selection

[Anon]

[Proposal] Based Rollup - Simple, Decentralized, Tokenless, Sequencerless L2

Based Rollup. An L1 contract that allows anyone to submit valid L2 blocks. crLists may be submitted on L1. Blocks are built by L1 searchers/builders from a mempool. crLists are transaction lists required for inclusion in a future block. They may be compressed, e.g. [[to, sig], [nullifier, proof], [nullifier, proof]] -> compress([[[to], [nullifier], [nullifier], proof]]) Fees for crLists may be calculated to target a minimum block production rate. Network risk is minimized compared to alter…