SaberhagenTheNameless on Nostr: L2s can't be a complete replacement for an L1 like Monero Fedimints are custodial and ...
L2s can't be a complete replacement for an L1 like Monero
Fedimints are custodial and mints can print IOUs unbacked by Bitcoin.
Sidechains are not fungible with the base layer and wouldn't have other important aspects of Monero like it's discrete and decentralized ASIC-resistant mining.
Published at
2023-11-08 15:27:10Event JSON
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