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Lei Yang

๐Ÿ‘ค Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So if we're talking about a year from now, actually, you'd get...

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

pretty much almost all the important features you would have, you would want on Ethereum with the caveat that you have to trust both Ethereum, trust as in trusting that Ethereum will not reorg beyond some certain depth, especially beyond the finality and also or sensory transactions.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And plus you have to trust EigenDA in the sense that whatever we as MegaEth submit to EigenDA,

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

They make it available for anyone to read and they kind of stand by the claim, right?

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So again, so we're listing the trust assumptions.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

The difference between layer one and layer two, especially our sort, is that you not only have to trust Ethereum, but also EigenDA, which I think is a pretty valid trade-off because of the immense throughput scaling you have from EigenDA.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And in terms of then with those trust assumptions, the guarantees you have, first, the Layer 2 cannot censor you in the sense that if your transactions are being maliciously excluded from the Layer 2 protocol,

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

If you just go to the layer two to try to submit a transaction, you can always go back to the layer one and submit your transaction there.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

And the layer two sequence will be forced to include your transaction.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So this is like the classical censorship resistance.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So it's actually pretty funny because we're having this frontier stage of our mainnet and we're doing...

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

a white listing on the RPC so that we only allow users onto the chain so that regular users, they don't make mistakes and lose money, right?

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

I think that's a responsible thing to do.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

But we always know that there is this censorship resistance bridge.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

It's live today, right now, there is censorship resistance.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

you can now submit a transaction to the layer one inbox of our chain and it will be forced to be included on to the layer two.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

It's been live for the whole time of the frontier stage, even if we're doing the RPC whitelisting.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So I've always been a bit worried that users might just submit transactions onto the layer two through this mechanism.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

So censorship resistance.

Bankless
MegaETH Mainnet is Live! โ€” The Next Era of Ethereum Scaling

Second, the assurance that you can always exit the layer two whenever you want.