Eventum L3 Solution
Last updated
Last updated
Block Gas Limit Initially set at 100M gas, with the flexibility to increase up to 200M as needed.
Block Time Configured at 0.26 seconds per block, enabling high-frequency block production for low-latency transaction processing.
Throughput Capable of processing 463k gas/s, meeting our target of 100k daily settlements.
Decentralized Withdrawals Leverages Arbitrum’s rollup architecture, enabling secure, decentralized withdrawals through Ethereum’s Layer 1 after a little challenge period.
Sequencer Failure Protection Built-in Sequencer Inbox Fallback allows users to post transactions directly to L1 if the sequencer fails or censors activity.
Custom Data Availability Committee (DAC) By establishing our own DAC, we have greater control over data availability and can ensure higher security standards tailored to our platform's needs.
Speed: Utilizing Arbitrum Orbit provides us with nearly an 8x increase in settlement speed compared to OP Stack, while maintaining a similar Block Gas Limit.
Arbitrum Orbit Ecosystem: It is one of the most popular ecosystems, boasting $16 billion in liquidity, strong marketing support, and a professional team.
Control Over Infrastructure: We can quickly implement changes to the network, adding necessary features and improvements that enhance the user experience.
Economic Efficiency: The cost of a single settlement is projected to be only 0.0001 to 0.0002 dollars, significantly reducing operational costs and allowing us to maintain low fees for users.
Token and DAO Issues Resolution: The use of a native token within a single network addresses the problem of vote manipulation and promotes greater decentralization (similar to what is implemented by Arbitrum, Optimism, and others).
Arbitrum Network Support on All Major Exchanges: The Arbitrum team has already done significant work to become a major player and ensure support for their network on all leading exchanges. Along with fast token deposits/withdrawals, this greatly simplifies the user journey.
Building from Scratch: Constructing a network from the ground up requires significant resources and time, even though we are using a ready-made SDK that simplifies the setup process considerably.
Self-Support: Unlike utilizing existing solutions, we will be fully responsible for maintaining the network's functionality and promptly addressing any issues that arise.
Higher Risk of L3 Network Downtime Compared to L1: While we believe this scenario is unlikely, it is theoretically possible. In such a case, the Rollup would continue to function but would not publish data to the L3 network.
Building our own L3 network on Arbitrum Orbit offers unique growth opportunities for our exchange. This solution reduces operational costs, enhances user experience, and increases opportunities for participating in governance. Although constructing and maintaining our own network requires considerable effort, we are confident that this strategic decision will ensure the long-term success and sustainable development of our exchange.
