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Ethereum's layer-2 scaling solutions may appear more decentralized than they actually are. Ethereum's co-founder, Vitalik Buterin, suggests these networks contain 'backdoors', implying potential regulation avenues.
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“The rollups and layer-2s that exist on Ethereum today all have ‘training wheels’ or some kind of ‘backdoor’ that lets developers come in and stop or change the protocol.”
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While Layer 1 has a decentralized consensus layer, Layer 2 can be upgraded with a single decision. And if you consider how much TVL they store, this can be really dangerous.
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On one side, I understand that they need to move fast and be ready to deploy a security fix at light speed, but at the same time, this is an issue that needs to be resolved.
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Are regulations coming also for L2? Or will those companies become more decentralized?
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