what's Signet?
Signet is a blockchain protocol designed to enhance decentralization in layer-2 rollup networks by separating block building from sequencing. It employs a whitelisted round-robin mechanism where approved participants take turns building blocks, promoting neutrality and reducing reliance on centralized sequencers while maintaining simplicity in transaction ordering. This approach addresses key challenges in rollup ecosystems, such as MEV extraction and sequencer downtime, by enabling competitive yet controlled block production. Signet complements centralized sequencing models, allowing sequencers to focus on stamping transactions without vertical integration into block building. By leveraging whitelist-based rotation, Signet aims to foster credible decentralization without the complexity of fully shared sequencing, making it suitable for early-stage rollup deployments where security and alignment are paramount.
Signet partners with Superbridge and Radius for Ethereum bridging, executed by Radius Solver.
Links
x.com/signetshPartners with Superbridge and Radius to enable bridging to Ethereum in the next phase, with execution powered by the Radius Solver.
The original team that built Signet launches a new project called N3XTinc today, backed by the same early investors from Signet.
Announces $S3 (Signature Scent) airdrop with in-person distribution by team members in Buenos Aires this week, with pre-reservations available through social engagement.
Signet represents a new design space for L2 architecture that lacks an enshrined bridge to Ethereum, testing whether this feature is important.
Testnet launches with built-in instant cross-chain trading functionality using conditional transactions.