L2 Decentralization Standards - Vitalik endorses six Ethereum L2s meeting L2Beat's Stage 1 decentralization standards, advocating for a trustless ecosystem [1] - L2Beat's framework categorizes L2s based on security and governance, with Stage 1 requiring a Security Council and permissionless exits [4][5] - Stage 1 requires a large, diverse multisig with 75%+ approval and 26%+ independent members to prevent malicious actions [5] L2 Ecosystem Evolution - As of December of last year, there were approximately 50 rollups and 70 alt-DA L2s holding over $50 billion in TVL [2] - Only six projects had Security Councils with at least eight members and 75% thresholds [3] - In June, out of 136 projects reviewed, only 26 retained L2 status, and just 8 reached Stage 1 [4] - L2Beat's upgrades include Liveness Tracking to flag downtime and the UOPS/TPS Ratio Chart to measure account abstraction adoption [6][7] Future Goals - The industry aims for withdrawal times under an hour, ideally seconds, reducing reliance on risky third-party bridges [9] - The standard is set for more teams to meet Stage 1+ requirements [9]
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Banklessยท2025-08-14 13:01