Justin Bons: How L2s Became the Greatest Source of Corruption

TLDR

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 layervia the TL;DR App

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

https://twitter.com/justin_bons/status/1658899119547588667?s=46&t=hLXLvA2wSOmlARX4ZS1fvA&embedable=true&thread=true

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

Written by techtweeter | on twitter tag "@hackernoon #techstory" to create a hackernoon story draft.

Published by HackerNoon on 2023/06/06