Justin Drake I Ethereum Sharing I Ehtereum Foundation I Pragma London 2024

Wed, Oct 2, 2024, 12:00 AM

Justin Drake from the Ethereum Foundation presents "Ethereum Sharing" at Pragma London 2024, exploring how blockchain networks can leverage shared Ethereum infrastructure. This talk dives into four key shared modules: settlement, data availability, sequencing, and execution - explaining how they enable security inheritance, network effects, and synchronous composability across L2s. Learn about emerging concepts like based sequencing, shared pre-confirmations, and the future of programmable execution sharding. Essential viewing for developers building rollups, researchers working on Ethereum scalability, and anyone interested in L2 interoperability solutions. 00:00 - Introduction to Ethereum Sharing Concept 00:55 - Benefits of Shared Ethereum Infrastructure 01:32 - Four Key Modules for Chain Sharing 02:06 - Security and Network Effect Advantages 02:38 - Settlement and Data Availability Modules 03:15 - Introducing Shared Sequencing and Execution 03:52 - Native vs Custom Rollup Execution Models 04:30 - Economic Benefits of Shared Settlement 05:06 - $150B Security Inheritance from Ethereum 05:44 - Synchronous Composability Through Shared Sequencing 06:17 - Unified Pre-Confirmations Across Chains 06:49 - Shared Execution for Fungibility 07:25 - Shared Forking and Governance Benefits 07:59 - Network Effects in Internet of Value 08:36 - Deep Dive: Shared Sequencing Mechanics 09:13 - L1 Proposers as Universal Sequencers 09:51 - Synchronous Composability Explained 10:22 - Super Transactions Across Chains 11:01 - Immediate Asset Transfer Visualization 11:38 - Solving Rollup Fragmentation 12:13 - Realtime Proving and Liquidity Solutions 12:51 - Solana-like UX on Ethereum 13:32 - L1 Proposer Sequencing Economics 14:21 - Based Sequencing Adoption Update 14:55 - Current Projects Implementing Shared Sequencing 15:31 - Future Vision: Shared Execution 16:06 - EVM Verification Pre-compile Concept 16:46 - Formal Verification Challenges 17:21 - Governance Synchrony Benefits 18:00 - Removing Gas Limits with ZK 18:38 - Programmable Execution Sharding 19:14 - Customization Opportunities for Chains 20:29 - Q&A: Timeline for Shared Sequencing 22:55 - Measuring Network Effects 24:05 - Constitution and Social Layer Questions 25:21 - Addressing Centralization Concerns 26:32 - Anti-Censorship Protections 27:11 - Builder Centralization Realities 27:46 - Collusion Infrastructure Risks 28:19 - Simplifying Synchronous Composability _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇬🇧 *Pragma London* Pragma London took place at Christchurch Spitalfields in London on March 14, 2024, and was an in-person summit for builders and leaders in the web3 ecosystem. Watch the full Pragma London playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7rvaHBM14peT1TwI3QX38p&si=MzGrEYwYjxSQFiFM ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Ever since we first introduced our new event series Pragma in Tokyo of the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow Justin Drake X: https://x.com/drakefjustin ✅ *Follow the Ethereum Foundation* X: https://x.com/ethereum ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _