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What do you mean by Layer 2 isn't composable? My basic understanding after looking at this stuff off and on for a few months is: 1. Centralization and cost of
by randomopining 5y ago
What do you mean by Layer 2 isn't composable?
My basic understanding after looking at this stuff off and on for a few months is:
1. Centralization and cost of transaction are inversely correlated.
2. Layer 2/3/4 can take care of smaller transaction where we don't care that it is globally immutable. (Nobody cares if your pack of gum purchase is known global... at least on a lower level local chain that you trust or care about)
And yes, all the "competitors" to Ethereum are all centralized voodoo... so besides scams who cares.