you just have to click on where it says base or arbitrum>what?right there! click on that>I can't see itit's right fucking there you negro>this is too hard for me
>>59662845I don't have any idea of what you are talking about. Holding Trump
Normies are, somewhat rightly, afraid of changing it up during transactions like that. I think they think they'll suddenly lose everything they're transferring if they "pick the wrong chain".
>>59662845I still don't understand L2s.>Its as secure as transacting on L1s, but cheaperOkay then why are there any transactions done on L1 at all?>Its cheaper because its not noncustodialOkay but doesnt that defeat the point of blockchain?t. been in crypto for 6 years
>>59663561L2 transactions are settled on L1. They scale using methods that would be unsuited for L1. Remember that the purpose of L1 is immutable, uninterruptible, verifiable, decentralized consensus. These properties require certain tradeoffs in terms of speed and cost. We accept these tradeoffs because there is no other way to achieve these properties. But we also want fast and cheap transactions, so enter L2s.
>>59663561You can just look at it like bank transfers. When you pay some guy 50 bucks, the teller from the bank doesnt go to the vault, picks 50 bucks and goes deliver it to the guy.The """""money""""" moves around without actually ever moving. It only physically moves during deposits and withdrawls.
>>59662857I want to hold Ivanka tits
>>59663749What is beam chain? They were also talking about native and based roll ups. Will it accrue value to the base layer ?What about sharding ? Has it been abandoned? I also hear random things like blobs, proto dank sharding .. too many confusing terms . Why i s ETH so complicated to scale ?
>>59664887it's complicated because it requires complex math to make an L2. zero knowledge proofs and fraud proofs are not trivial to implement. L2s are basically shards, they're just not fully interoperable yet like what was originally imagined. blobs are a special L1 transaction type for L2 commitments, they make L2s way cheaper to use because bundles of L2 transactions are handled differently by L1 nodes. all of this is built on top of Ethereum, so yes, as L2s succeed, it's good for Ethereum.
>>59663561it's all a fugazi scam just internalize that.
>>59663561it's not as secure as transacting on L1s at all. It's an entire additional risk on top, none of the L2s are decentralized yet and most of them have things like multisig bridges and multisig emergency powers, that's the trade off
>>59665445quit being a crybaby. the most popular rollups are not particularly dangeroushttps://l2beat.com/scaling/riskthe L1 has final say. the L2 cannot hold your money hostage or steal from you
