Martin Koppelmann
π€ SpeakerAppearances Over Time
Podcast Appearances
So a couple of times a day and only for one block.
So deep reorgs basically never happened in the history of Ethereum.
So let's say five, 10 blocks that never happened.
But theoretically, it is there.
And then if you want to build it properly, you have to deal with this theoretical case.
So it does add a fair chunk of developer complexity.
But once you handled it practically, it will not have a big relevance.
Yeah, so I think to some extent, it will probably be the somewhat smaller ones that start first because they have more to gain.
Because to some extent, the basis and or base and I think it's really just maybe base Arbitrum and Polygon that really have their own ecosystem that's still smaller than Ethereum, but they have basically they have DEXs, they have lending protocols, they have
oracles they have essentially the full stack all other chains smaller chains are trying to do this as well but but are somewhat struggling so they usually have their niche and then they have other things where they basically can't at all compete with with ethereum so so for them it will be the initial incentive will be much bigger because finally they don't have to i don't know kind of
incentivize liquidity for this pair that were naturally liquidity would just not be there or kind of get an oracle protocol for those things they could basically just say fine we have here our niche and if you need anything else you can easily get it from from from ethereum so that's essentially the first wave i would expect to happen yeah then i do think
Once they are successful or that works successfully, I think then the time will come that the arbitrums and bases of this world will kind of face this decision and probably...
Yeah, we'll consider whether it's worth giving up this.
To some extent, they're giving up the guarantee of fast block time.
So currently, again, because they don't essentially have reorgs, they can say after a second or half a second, your transaction is final.
With this reorg possibility, there's still this additional complexity.
Yeah, it's kind of final, but theoretically, Ethereum might reorg and then your transaction might still be replayed.
I think that will be possible to also give here strong guarantees that even if it's reorg, you can have protocols on top that still guarantee that the transaction will be executed nonetheless.
And then it depends on if it's a simple payment, then it should not in no way be affected by reorg.
But if it's a trade that touches liquidity that might change its state, then yeah, it gets a bit complicated.