Solana's incredible 2100% rebound is about much more than just memecoins

Thanks to @neverabear for research and the @puffer_finance team for translations

8/ Revenue With based rollups, Puffer generates sequencing fees by enabling Ethereum validators to manage transaction ordering Users can offer preconfirmation tips to prioritize their transactions, generating an additional revenue stream for Puffer alongside transaction…

7/ UniFi offers near-instant execution confirmations through preconfs. Puffer has developed a proprietary preconf AVS that provides near-instant assurances (~100ms) that transactions will be included in the next block. Pre-confirmations require robust guarantees. Since a preconf…

6/ Puffer is utilizing based roll-ups to create its own app-chain, allowing EVM protocols to integrate seamlessly In Phase 1, they will introduce based roll-ups to users and developers. In Phase 2, the UniFi SDK will be launched to enable any dApp developer to spin up an…

5/ Architecture overview – Puffer’s UniFi Preconf AVS provides L2 Execution confirmations to users. Users interacting with UniFi can enjoy the sub-second transactions. In UniFi general purpose rollup native yield tokens can be used as gas token. The consensus, data availability,…

3/ Based Sequencing allows for - liveness and decentralization of the Ethereum network, ensuring reliability without relying on a single point of failure. - no need to operate a dedicated sequencer. - 100ms execution due to preconfirmations - Economic alignment with the L1,…

4/ Puffer's Based Roll up is called UniFi - it addresses Ethereum’s liquidity fragmentation by enabling synchronous composability. Transactions on UniFi can interact directly with other based rollups, eliminating the need for bridges and creating a unified liquidity and app layer

2/ “A rollup is said to be based, or L1-sequenced, when its sequencing is driven by the base L1. More concretely, a based rollup is one where the next L1 proposer may, in collaboration with L1 searchers and builders, permissionlessly include the next rollup block as part of the…

1/ Ethereum has a fragmentation issue. Liquidity spread across dozens of chains/rollups not composable with each other Justin Drake proposed an advanced scaling solution in 2023 called Based Roll Ups @puffer_unifi @puffer_finance are the first to execute on this vision