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Sequencer Level Security
May 6, 2024, 4:11 a.m. | Martin Derka, Jan Gorzny, Diego Siqueira, Donato Pellegrino, Marius Guggenmos, Zhiyang Chen
cs.CR updates on arXiv.org arxiv.org
Abstract: Current blockchains do not provide any security guarantees to the smart contracts and their users as far as the content of the transactions is concerned. In the spirit of decentralization and censorship resistance, they follow the paradigm of including valid transactions in blocks without any further scrutiny. Rollups are a special kind of blockchains whose primary purpose is to scale the transaction throughput. Many of the existing rollups operate through a centrally operated sequencing protocol. …
arxiv blockchains censorship contracts cs.cr cs.dc current decentralization far kind paradigm security smart smart contracts special spirit transactions valid
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