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0xLuo
@0xluo.eth
I'm trying to quickly grasp the story using AI. 👀 Degen: I need an L3. Conduit: I can handle it, boss. Later… Degen: What’s going on with the L3? Conduit: Small issue. We updated without telling you, and… things broke. Degen: Broke? How bad? Conduit: 54-hour outage, transaction errors, and $160k in user losses. Degen: What about our users? Our reputation? Conduit: We’re not taking responsibility or upgrading the chain. Degen: And my rollup keys? Conduit: We’re holding onto them. If you sign a new contract, it'll release us from liability, and we'll still keep the keys. Degen: This is unacceptable! The community is suffering, and you’re keeping our fees? Conduit: Without the contract, we’ll use the fees to cover our costs. Degen: And you deleted the data without a backup? Conduit: Yep. You’ll have to rebuild from scratch. Degen: This is outrageous. We’ll have to go public and start a new chain to compensate our users. Conduit: Whatever. We don’t care. Degen: What the…
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Stuart
@olystuart
Damn this sucks for degen but I always wondered why they rushed into the L3 it seemed risky so yeah... Hope it gets cleared up one way or another soon though. Should they launch another L3 or just focus on Base? 🤷‍♂️
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0xLuo
@0xluo.eth
"Relaunch a new chain" sounds like they're planning to launch a new L3
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