Layer-2 sequencers have become dangerously centralized, introducing significant risks that undermine the foundational principles of blockchain. To safeguard network integrity and prevent the erosion of trust, we must urgently transition to a model that does a better job at eliminating single points of failure.

Failing to do so jeopardizes network security and exposes entire ecosystems to serious threats including transaction censorship, security breaches and the potential compromise of customer data and funds.

Since Q2 2024, layer-2 solutions built atop the Ethereum network have been processing an average of 12x more transactions than the base layer. Similarly, on June 6, the total…

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