Lei Yang
๐ค SpeakerAppearances Over Time
Podcast Appearances
So if we're talking about a year from now, actually, you'd get...
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.
And plus you have to trust EigenDA in the sense that whatever we as MegaEth submit to EigenDA,
They make it available for anyone to read and they kind of stand by the claim, right?
So again, so we're listing the trust assumptions.
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.
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,
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.
And the layer two sequence will be forced to include your transaction.
So this is like the classical censorship resistance.
So it's actually pretty funny because we're having this frontier stage of our mainnet and we're doing...
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?
I think that's a responsible thing to do.
But we always know that there is this censorship resistance bridge.
It's live today, right now, there is censorship resistance.
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.
It's been live for the whole time of the frontier stage, even if we're doing the RPC whitelisting.
So I've always been a bit worried that users might just submit transactions onto the layer two through this mechanism.
So censorship resistance.
Second, the assurance that you can always exit the layer two whenever you want.