Lei Yang

misuse your power because yeah within a year we i mean after a year we do see ourselves um in um stage one but actually it's not probably not good for for us to claim ourselves to label like um a mega eth as a stage one slash stage two slash stage zero chain because i think the stages only pertain to roll-ups and roll-ups by definition they have to use ethereum da and we use eigen df sorry for being pedantic um um but yes um

Yes, you do have to trust the security console, which we're picking very seriously.

And so where does stage two come into play?

I think stage two basically says, get rid of the security console.

Code is to govern you, like for life, immutability, right?

There is going to be at least one part of

The chain governance logic that is immutably enshrined on the layer one.

Here, I mean, deploy a contract without a proxy, right?

Just deploy the contract and the contract as is will govern, say, how and when you can upgrade your logic.

And maybe you cannot, maybe govern that you cannot, govern the fact that you cannot upgrade your logic at all.

So we call that it's a huge commitment because you are basically saying one piece of the design of the rollup of the layer two is going to be fixed forever for the lifetime of the universe, for the lifetime of Ethereum, which are equal.

And this is a huge commitment and it's a big risk because what if you find out a bug like a thousand years from now, right?

You have to correct them.

But if you are a stage two rollout then or layer two, then I think it's pretty hard for you to do this correction.

I think that's why I think also in Vitalik's post, I think there was kind of a realization that actually reaching stage two is...

a little bit harder than what people expected a few years ago because you are really making a big bet that there's a piece of code in your roll-up logic that you are never going to touch at all.

So I think this is why it's pretty hard to reach stage two.

I don't think it's responsible to claim that we will reach stage two within a year

or maybe even within two years.

But I think first, it's a really interesting goal to chase after.