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Well yea, Ethereum L2s are all just one sequencer ATM. The point an L2s is they are secured by Ethereum, not be their own consensus. They have an escape hatch
by TimJRobinson 4y ago
Well yea, Ethereum L2s are all just one sequencer ATM.
The point an L2s is they are secured by Ethereum, not be their own consensus. They have an escape hatch so if they ever go down / disappear / attempt to steal all the money - then anyone can force a withdraw to Ethereum and be safe. If Solana goes down there's nothing you can do.
- nailer 4y agoI should probably have also pointed out that Sol has a greater Nakamoto coefficient than eth.