3 ms·
It's only temporarily decentralized until a batch puts the txn in the main chain, right? It's like riding the city bus when your you don't want to pay for gas
by hgsgm 4y ago
It's only temporarily decentralized until a batch puts the txn in the main chain, right?
It's like riding the city bus when your you don't want to pay for gas for your car.
- pphysch 4y ago"layer 2" systems are just (unregulated) banks that use the blockchain as an eventual settlement mechanism. They have all the same middleman/trust/centralization issues as tradfi banks and anyone who tells you otherwise is lying.
- cdiddy2 4y agoMost layer 2s do right now. That is not how they are meant to be though. A true layer is completely non centralized. That is the whole point of the fraud proofs. The ideal end state is stage 2 described here https://ethereum-magicians.org/t/proposed-milestones-for-rollups-taking-off-training-wheels/11571 https://ethereum-magicians.org/t/proposed-milestones-for-rol...