Ethereum

Degen

1/9 GM Degens, after careful consideration—because it affects you most of all—we’ve decided to share with the community the difficulties we’ve been facing in migrating DEGEN L3 to a new service provider, which has delayed some exciting features. https://paragraph.xyz/@degentokenbase/a-frustrated-migration

Great cautionary tale. vividly shows why Stage 0 is not enough. "not your keys, not your chain" is a pretty cursed concept, but that's what happened here.

I'm not sold on the "rollups are just like AWS servers" idea. Better to have carefully run, L2beat-policed rollups, each with no single owner or point of failure.

Real World Ethereum 🌎 
building /daimo ✳️ 

I agree, cautionary tale showcasing the importance of owning your keys. L2 solutions should be decentralized and transparent