RE: RE: Has Anything Your Shitcoin Promised You Come True?
You are viewing a single comment's thread from:

RE: Has Anything Your Shitcoin Promised You Come True?

Words
109
Reading
1 min
4y

I think these aren't layer 2 solutions but creating unnecessary complexity to try and pretend that its a solution in the making. All these layer 2s have their own chains, native tokens so how are they layer 2s and not separate environments? Because you can peg in a representative asset across the chain using a compromised oracle and smart contract bridge?

I don't see what's the point of these remora chains in terms of scalability when it's cannibalising the liquidity and adding more points of failure that can be attacked.

If you want a full breakdown of my arguments on the layer 2 scam you can find it here

@chekohler: I think these | Ecency