you are not wrong. i think state of the art is 3 of 5 MultiSig. lol
as far as I can tell from nifty’s blog (is she here btw? couldn’t find her to tag) the entire concept of an “Ethereum L2” is basically that it’s Liquid as a 1-of-1 MultiSig.
am I wrong?
https://chainfail.substack.com/p/coinbase-launches-an-l2?sd=pf
Discussion
this is why i think Liquid is soooooo impressive and unappreciated. They did this half a decade ago and with much much better security via a real decentralized federation. and it’s still running. and it has confidential txs etc
Polygon is 5 of 8 right? It's all the founders. Do we know if one guy doesn't have all the keys like in the case of Ronin? 11 billion market cap. Absolute clown show.
“Governments are good at cutting off the heads of centrally controlled networks.”
https://twitter.com/ChrisBlec/status/1629241395469844481
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