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John
@silentjohn.eth
Does anybody hold any non-insignificant amount of their wealth on an Ethereum L2? If so which one? I created an Arbitrum Safe Wallet, but I'm still hesitant to put any real amount of ETH in there. It still seems like there's a lot of risk involved with these.
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AG
@verto0912
why would you? Ethereum L1 offers the best security guarantees which presumably is the most important factor for where to keep one's wealth.
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John
@silentjohn.eth
Because we (Ethereans) keep preaching that L2s are where people will be / should be transacting. Fees are low-ish now, but remember when it was $150-$200 to do anything back in 2021?
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siosw
@siosw
depends on what you plan to do with the it obv but for passively storing wealth L2s offer little upside imo
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AG
@verto0912
There is a difference between transacting and storing wealth though, isn't there? makes sense to transact on a chain / L2 that has the lowest cost and store wealth on a chain that has the highest security guarantees, with cost being largely an irrelevant factor.
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