paint-brush
Justin Bons: How L2s Became the Greatest Source of Corruptionby@techtweeter

Justin Bons: How L2s Became the Greatest Source of Corruption

by #TechTweeterJune 6th, 2023
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

2/31) From Arbitrum to Optimism, all major L2s are still centralized! There is a reason for this, as L2s do not inherit the security of the L1 Even after "decentralizing" their sequencers L2s only have a fraction of L1 security, as they still rely on a separate consensus layer
featured image - Justin Bons: How L2s Became the Greatest Source of Corruption
#TechTweeter HackerNoon profile picture

This Twitter thread is by Justin Bons @Justin_Bons (source: 05-17-2023). Bons is the founder and CIO of Cyber Capital.

The lead image for this article was generated by HackerNoon's AI Image Generator via the prompt "Layer 2”