Makes sense that L1 isn’t altered. Regarding the “lens”…who can use it and what can the use it for? Could hackers, chain analysis firms or state actors use the lens to track individual sats?
Discussion
Chainalysis already tracks individual sats. How does this affect fungibility?
The line of thinking goes, if individual sats can be tracked, then they can be flagged as “tainted” and therefore blacklisted and rendered unusable. This makes some sats less usable, or worth less than others…non-fungible.