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Coin Edition 2025-01-16 09:17:02

Vitalik Buterin Talks Ethereum L2: What Makes It So Transparent?

L2s give businesses flexibility in control while keeping rules transparent for users. Ethereum L2s offer closed, open, or hybrid systems based on user freedom and control. Rollups are extensions of Ethereum, with most supporting state changes from the mainnet. Vitalik Buterin, Ethereum’s co-founder, talked about transparency and user control on Ethereum Layer 2 (L2) solutions, using the example of Soneium to illustrate his point. Buterin explained that L2s give businesses the flexibility to decide how much control they want over their operations. They can choose to give users more or less control. The @Soneium situation is a good live demonstration of how launching an ethereum L2 is great for businesses *and* users. Businesses can make very fine-grained choices around how much control they keep vs give to users. But whatever rules they choose, that's what the rules are.… https://t.co/jmaCRDsyF0 — vitalik.eth (@VitalikButerin) January 15, 2025 The rules that govern these L2s are transparent and auditable, so businesses can choose how open they want their systems to be. Buterin stated that if rules are chosen for an L2, they are visible to users, … The post Vitalik Buterin Talks Ethereum L2: What Makes It So Transparent? appeared first on Coin Edition .

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