In this talk nostr:nprofile1qqsve2jcud7fnjzmchn4gq52wx9agey9uhfukv69dy0v4wpuw4w53nqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcuseaka summarize his findings of L2 research.
He explains what a covenant is, why L2's that share UTXOs between users need covenants, what L2 proposals are out there, what kind of scaling is actually possible, risks, and practical.