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My favorite thing with L2 is how you can call almost anything an L2 and people believe it. You can just tell them to use an independent proof of stake network w
by vmception 6y ago
My favorite thing with L2 is how you can call almost anything an L2 and people believe it. You can just tell them to use an independent proof of stake network with permissionless validators like Polygon (formerly Matic), and everyone believes this is the "trustless growing L2" while Binance Smart Chain - which is also an independent proof of stake network with permissionless validators - is the "centralized" one.
Polygon has a separate Plasma network which is not what anybody uses for all their smart contract redeployments.
The gulf of knowledge just gets wider and wider, and more and more profitable.
- X6S1x6Okd1st 6y agoYeah a trusted 3rd party guide that calls out the security properties of the different L2 & other scaling approaches would be really good. I'm also concerned about how so many approaches rely on security though making a ton of on chain tx disputing any bad actor. Seems like a DoS vector