Re:What in the Ethereum application ecosystem excites me
by derivagral on Tuesday December 06, 2022 @09:00AM
(#33879830)
> why would I want every transaction to be on the blockchain
I think some of the recent events around FTX and similar are exactly why you would want on-chain records, fees or not. Actors in this space are (imo) not fully trustworthy.
Re:What in the Ethereum application ecosystem excites me
by DennisP on Tuesday December 06, 2022 @01:18PM
(#33884628)
In the case of Ethereum's zkrollups, all transactions are on-chain in compressed form and fully validated. You're not trusting anyone to custody your funds.
I think some of the recent events around FTX and similar are exactly why you would want on-chain records, fees or not. Actors in this space are (imo) not fully trustworthy.
How does the second layer handle this?