šØ NOW: Ethereum co-founder Vitalik Buterin has stepped in to clear up the confusion around Layer 2 security.
He defended Base and L2beatās framework, stressing that L2s are non-custodial extensions of Ethereum. Their security comes from Ethereum L1 smart contracts, which prevent operator theftānot from being āglorifiedā versions of Ethereum.
At the same time, Ethereum just made history: š„ Over 155 MILLION wallets holding $ETH are now in profitāthe highest number ever recorded. š This profit surge is happening faster than in the 2021 bull run, marking the strongest wave of conviction ETH has ever seen.
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šØ NOW: Ethereum co-founder Vitalik Buterin has stepped in to clear up the confusion around Layer 2 security.
He defended Base and L2beatās framework, stressing that L2s are non-custodial extensions of Ethereum. Their security comes from Ethereum L1 smart contracts, which prevent operator theftānot from being āglorifiedā versions of Ethereum.
At the same time, Ethereum just made history:
š„ Over 155 MILLION wallets holding $ETH are now in profitāthe highest number ever recorded.
š This profit surge is happening faster than in the 2021 bull run, marking the strongest wave of conviction ETH has ever seen.
The message is clear: Ethereumās foundation is secure, and belief in its future has never been stronger.
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