Share this page!

Enter Twitter Thread URL to Unroll

Needs to be the full URL like: https://twitter.com/threadreaderapp/status/1644127596119195649

How to get URL link on Twitter App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Nick White Profile picture
@nickwh8te
May 1 • 4 tweets • 2 min read Twitter logo Read on Twitter
A smart contract rollup is a state within a country.

A sovereign rollup is its own country. Image
A state can have its own laws, but it answers to a higher power - the federal government.

A country answers only to itself. Image
As always, neither is necessarily better than the other, they simply have different tradeoffs.

Celestia supports both.
To learn more about sovereign rollups, read up on Learn Modular or the OG post by @musalbas 👇

blog.celestia.org/sovereign-roll…

celestia.org/learn/sovereig…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Nick White

Nick White Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @nickwh8te

Nick White Profile picture
May 2
Had a realization that staking might not be as secure as we think 😬

Please someone tell me why I'm wrong 🧵 Image
TL;DR, when you slash a validator they don't lose their delegated stake, only their self-stake which is often much smaller.

So a rational validator will misbehave for a much smaller reward than the total stake, which makes economic security lower in practice.
Longer version:

In proof of stake chains, slashing prevents validators from doing bad things like:
1. re-orging the chain
2. commiting fraud
Read 12 tweets
Nick White Profile picture
Apr 20
Is a rollup on @ethereum more secure than a rollup on @CelestiaOrg?

Yes and no.

Here are the tradeoffs and why security isn't what you think 🧵 Image
To understand why rollups on Ethereum aren't necessarily more secure than on Celestia, we need to define "security".

There are two aspects of security:
⛓️ Immutability
✔️ Verifiability

Let's unpack them
⛓️ Immutability is how hard it is to re-org a chain.

The more expensive it is to re-org the chain, the more secure the chain is against a double spend or similar attack.

@nic__carter wrote a great post on this topic: medium.com/@nic__carter/i…
Read 12 tweets
Nick White Profile picture
Apr 18
For all my DA nerds out there, @musalbas wrote a forum post that classifies the security of different data availability schemes into 7 levels.

Quick tl;dr 🧵 Image
Level -1: Full Node

Best possible security. Downloads all the data directly, ensuring it's available without any security assumptions.
Level 0: no DA guarantees

Worst possible security. Don't do anything to ensure that the data is available. Fine for use cases that don't require DA for safety, like NFTs

Example: IPFS
Read 9 tweets
Nick White Profile picture
Oct 19, 2022
Oh shit, new @Delphi_Digital just dropped 🙀
delphidigital.ventures/blog/dawn-of-a…
"While the world computer has been a tremendous success ... it has strumled upon two main limitations in recent years; sovereignty and scalability.

We think modular blockchain networks envisioned by Celestia is the right path forward to overcome these limitations." 🔥
Why Sovereignty 🔥

"Blockchains are social coordination mechanisms ... unlike human-consensus, which is slow, unordered & abstract, [blockchains are] precise, fast & deterministic.

This power is useful to the extent that it represents intentions & values of the participants."
Read 5 tweets
Nick White Profile picture
Oct 19, 2022
The @CelestiaOrg mission is simple.

Step 1: Build modular blockchain infrastructure that provides unparalleled scale, security, and decentralization.

Step 2: Give anyone, anywhere the power to deploy their own blockchain, leading to a world of sovereign communities.
Some quotes from the post worth highlighting 👇
"Few layers are more important than a secure data layer that is thin in functionality, but hyper-applicable and scalable in its utility. Celestia is that data layer." -@cburniske
Read 7 tweets
Nick White Profile picture
Oct 17, 2022
The project that solves "Rollup Sequencer as a Service" will be extremely valuable
If you're thinking about this problem, DM me. I'd love to help
For now I think something along the lines of ICS might work but honestly it's an open research question.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(