NIP-3: Launch of Status Layer 2 Rollup Chain

Thank you 86.eth for your questions, and sorry for the delay in answering, I’m just back from Istanbul!

Please find our answers below:

  1. We are currently in talks with different L2 rollup frameworks (mostly zk rollups) that are interested in offering client diversity to their users. Most of them already use Geth and/or Besu for the execution part (the sequencer), but would benefit from adding Nimbus as an alternative - or even default - execution client. Currently Nimbus is only a consensus client on the Ethereum L1, but the team is aiming to release an execution client soon that will be usable directly by the different zkEVM rollups with minimal modifications. And for rollups that are already considering the decentralization of their sequencers set, Nimbus could be used as a consensus client.

  2. The decision regarding the partnering rollup framework is planned for Q1 2024, followed by testnet deployment before Q3 and mainnet launch in Q4 2024 at the latest. We will be trying to deliver as soon as possible, ideally we would like to launch mainnet in Q3 but it’s too early to be able to commit to this date. The focus will be on rollup frameworks already in production, minimizing research risks for Status. The aim is to have the Status Chain mainnet operational by the end of 2024, coinciding with the new version of the Status app.

  3. Regarding the integration of the Status Network Token (SNT) in this onchain ecosystem, the current strategy involves using SNT as a gas token via account abstraction, along with other tokens. Users will also be able to use ETH to pay for gas, which reduces barriers to entry. We can potentially offer significant reductions or even entirely subsidize gas costs on Status Chain for users staking SNT based on a tiered system. This approach is part of the broader SNT staking proposal, which aims to maintain community interest and provide clear utility for the token. You can see our SNT staking proposal here: https://discuss.status.app/t/nip-1-introduction-of-snt-staking-mechanism/4141

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