Nostr Web Client

Programmable money (ETH, etc) is hard to scale. So people build Layer 2s.

But these Layer 2s are barely decentralized. And now there’s a crop of L2s that are really just multisigs.

But wouldn’t a sufficiently large group of multisigs be somewhat decentralized? Like a digital Hawala network?

Especially for transactions (but not for smart contracts where money is locked up).

But comunicate across different multisigs is less efficient than communicate on the L1 network, so is:

- few centralized L2s, not too much net-effect lost, less fees and less data on L1 ---> centralized scaling solution.

- a lot of decentralized L2s, net-effect lost, need to back to L1 to regain net-effect ----> decentralized, but not a scaling solution.

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