Bill raised a good topic - "Based on Ethereum, how on earth?" ” I think it's 50% of the face. What L2 buys from L1 is inherently security; L2 pays L1 in ETH. Why L2 is so fast, so cheap, and has no nodes, but everyone believes that the L2 chain itself will not have problems, because all L2 transactions are regularly packaged and uploaded to L1 as a backup. The so-called rollup is to compress hundreds of transactions into a single transaction, which is equivalent to Ethereum's gas being paid for by everyone, so it is cheap. Or equivalent to: when storing quilts and down jackets, everyone likes to vacuum and compress, which does not affect the restoration of the original appearance, but takes up very little space. If an L2 sequencer does evil, everyone can clearly and simply hold accountable and recover funds through transactions on L1, so everyone believes that L2 will not do evil, so it is called "optimistic rollup". The security of L2 is basically equal to that of L1, but L2...
Is Ethereum more like IBM or Amazon?
The former provides IT solutions, having a facade but lacking substance. The latter is a taxation platform, making money from taxes, such as gas fees and gas-based utility value.
I have a question for everyone: with so many "Ethereum-based" projects, are they based on its IT standards, or do they all need to pay taxes to it?
Is "based on" just a facade, or has Ethereum truly received both the facade and the substance?
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