Introduction
An introduction to Cero solution for decentralized sequencing.
Cero is a highly configurable decentralized consensus system which brings both technical & socio-economic security to rollup and app-chain networks. Cero targets following in its current form,
Economic Stability: Cero encourages participation of Rollup operators on its shared sequencing services thereby providing,
Additional revenue stream: In form of sequencing block rewards accross entire ecosystems of rollups.
Diversified yields: Allowing accuring of the transaction fee reveue across multiple tokens present in the ecosystem reduces the voltality of the token values as compared having your entire revenue on single token.
We also continue to identify more ways of generating economic growth for rollups.
MEV Exploitation Protection: Blockchain networks by nature are susceptible to exploitation due to inidividual nodes performing transaction ordering. This is even more risky in case of lesser decentralized or centralized validator set or sequencers.
Cero provides true decentralization for the sequencers to mitigate the risk.
Mempool privacy or encryption is another feature that helps prevents against attacks like front-running or sandwhich attacks.
Censorship & Single Point Failures: True decentralization is more than just high availability. It is one where no single party can censor user's transactions or bring down entire system. Especially for rollups which rely on centralized sequencers, the risk of being cheated remains a focus for Cero.
Configurability & Modularity: While the effective number of rollups generating value remain limited in the world, its important to extend to all the ecosystems equally while covering the operators personalized preferences. Cero is designed to provide framework to multiple preferences,
Multiple Settlement Layers: The rollup contracts can rely upon Cero contracts present on there preferred L1. This is how Cero intends to unify multiple ecosystems that are being developed independently as of now.
Multiple DA Support: While working with many of the industry grade solutions, we realized that more often than not rollups have a strong preference of how they want their data to be managed. Hence, we offer an extensible layer for providing preference of data availability networks.
We in fact are looking to bring personalized preferences to many other aspects as well.
What Else?
We are also excited to announce that we are looking to working in providing the following set of features,
Extensibility: Adding more preferences of DA & L1 options to capture more ecosystem's value.
Composability: We would soon enter the era of using any chain to perform any action on another. Shared sequencing is the only way to make this happen.
Dedicated performance: Blockchain trillema hits hard when decentralizing and we all know it. Calling for dedicated performance is yet possible with dedicated performance with the power of multi-ledger sequencing network!
Good MEV capitalization: On our mission to make rollups more economically viable, we are working with the best of our partners to extract more revenue using proven good MEV practices.
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