Sovereignty and Composability: *breaking the appchain tradeoff once and for all 🧵 

Spire Labs has raised $7m to orchestrate the development of the Based Stack - the next generation of based rollups.

**Aspire to be based**

Ethereum sells settlement
Ethereum sells DA
Ethereum sells economic security
Ethereum will sell sequencing. Soon.

Spire is building the Based Stack. spire.dev

**Based Sequencing is best for apps**

Spire’s flavor of based sequencing enables L1 composability and provides apps with the credible neutrality of Ethereum. This includes liveness, censorship resistance, and decentralization. 

Minimize customer acquisition cost, maximize efficiency. Capture value, better UX.

We’ve written a thread to summarize our litepaper for the Based Stack. We strongly recommend reading through this thread to learn how we're pushing the boundaries of deployment platforms!

https://warpcast.com/spire/0xf58e3afc