The Sequencer's Dilemma: Why Layer 2 Governance Is Still a Multisig Puppet Show
Last week, I sat through another governance call for a top-tier L2. The agend...
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Fear
Market Sentiment
Block reward halving event
Improves data availability sampling efficiency
Raises validator limit and account abstraction
92 million ARB released
Block reward reduced to 3.125 BTC
Independent validator client goes live on mainnet
Team and early investor shares released
Circulating supply increases by about 2%
Bitcoin Season
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Last week, I sat through another governance call for a top-tier L2. The agend...