Ryan Sean Adams

They have to either prioritize decentralization or some sort of intervention.

What I think goes away is this messy middle area where we're like, we kind of talk about decentralization and code is law, but we actually do have a button that we can push for emergency situations and reverse certain actions.

I think that is untenable.

And to be fair, that's what the stages in L2 Beat are actually for.

You know, you have stage one, which is you still have a security counsel.

You get to stage two, there's no security counsel, right?

It's kind of much more a code is law world.

But the question for these L2s is...

Is that where they actually want to go?

Do we actually want stage two?

Do users even want stage two?

Right.

Because like if I'm a user on Arbitrum, I'm kind of like, well, I don't you know, I'm glad that they did that.

If I'm an RSE owner on Arbitrum, it's a feature.

It's not a bug necessarily.

Now, am I worried that Arbitrum is going to unilaterally like, you know, steal my not not not really not so much?

So this comes down to user preference and ecosystem preference.

But I think what's going to have to happen is if an Arbitrum decides to not be stage two, kind of fully decentralized and try to match Ethereum, what they're going to have to do is become a lot more fintech-like in terms of making these decisions much faster and having escape hatches quicker and having structure and rules around these decisions.

I'm saying...

We're seeing, yeah, the ability, they need to kind of ramp that up and have it like automated, right?