A place for talking about the Ethereum Virtual Machine on Farcaster.

If owning a network token like ETH (n1) is validated relative to its genesis block (g1), then call mainnet ETH g1n1. If “ETH” is on another network like base with a different genesis block (g2) then how can ETH g1n1 == ETH g2n1? It can’t be… yet we claim it is. How?

Tradfi coder by day, hacker by night. Doesn’t know night from day. Freelance scribe. Dad cook. Dog butler.  Happy Grandpa. Draws badly.

Erm, maybe due to the bridge? ETH is not minted on L2's until it is bridged from the L1, so there is a direct link between g1n1 and g2n1, taking you back to the L1 Genesis block...

Maybe because ETH g2n1 couldn’t have happened without ETH g1n1. The (ETH) is more of an EVM g2n1 that is ~aligned~ with its roots by inheriting the ETH surname

In fact, it's not. We optimistically claim it is equal when the Base sequencer posts it to L1, but it only becomes equal when the fraud proof window expires (7 days)