kenny 🎩
@kenny
a tip for the bull market: when I see Ethereum people fading Solana because "its not decentralized" it reminds me of 2016/17 me who faded Ethereum because it was so centralized they rolled the entire chain back for a hack easy to overestimate the commitment to crypto fundamentals of new retail participants
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Cassie Heart
@cassie
bold of ethereum community to say solana's not decentralized when they're encouraging everyone to move to centralized L2s and Lido, Coinbase and Binance make up over 50% of controlled validators for eth
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kenny 🎩
@kenny
I wasn't gonna say it but
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Cassie Heart
@cassie
I'm not afraid to lob some spicy volleys in the decentralization wars, I literally quit CB in objection to base.
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Kieran Daniels 🎩
@kdaniels.eth
I’ll give you 1m degen if you can actually explain how an L2 (that commits to ethereum mainnet) is centralized in any way. Protip: you can’t.
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Cassie Heart
@cassie
Easy. Centralized sequencer. Regardless of what you can push at the contract level on L1 to get things moving on L2, getting your coins off is a very different story for anything OP
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Kieran Daniels 🎩
@kdaniels.eth
OP is the worst of L2s agreed. But it’s still not centralized. It’s just not a good use case and vulnerable to manipulation. I appreciate this reply ^^ good point 1000 $DEGEN
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Cassie Heart
@cassie
I have great appreciation for the L2s that did the hard work and actually decentralized. I have no appreciation for L2s that inherit eth security from posting commits and calling themselves decentralized with central sequencers
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