Actually, everyone understands that Layer 2 now is competing in TPS, fees, and ecosystem subsidies, arguing like a marketplace, but I just want to first clarify a main line: does this transaction "really count"? Data availability = can others reconstruct the ledger if something goes wrong; ordering = who has the authority to decide your position (which can also be used for some small tricks); finality = when you think it's stable, is it truly stable or not. No matter how fancy the terminology, it ultimately comes down to these three things. Last night, I was muted throughout the governance meeting, and in the end, I only asked: if the Sequencer goes down/malicious, is your "emergency plan" written in a document or in a PR? Then suddenly the room went quiet... Anyway, when I look at projects now, I don't really trust the promotional pages; I want to see if these three points are explained in plain language.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned