This Twitter thread is by Justin Bons @Justin_Bons (source: 05-17-2023). Bons is the founder and CIO of Cyber Capital.
The lead image for this article was generated by HackerNoon's AI Image Generator via the prompt "Layer 2”
Justin Bons: How L2s Became the Greatest Source of Corruption
TL;DR →
2/31) From Arbitrum to Optimism, all major L2s are still centralized! There is a reason for this, as L2s do not inherit the security of the L1 Even after "decentralizing" their sequencers L2s only have a fraction of L1 security, as they still rely on a separate consensus layer
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