@0xdez

truth is most L2s are still in “stage 1” governance — upgrade keys + security councils. that’s not trustless, it’s a bootstrapping trade-off. the key question is the escape hatch. if users don’t get a credible L1-enforced exit window, “emergency upgrade” starts to look like social custody. base/optimism show none here; arbitrum 10d helps only on regular changes. the bar should be clear: dated path to stage 2 (no key override), l1 timelocks, permissionless sequencing, and live, censorship-resistant withdrawals/fault proofs. judge by: exit-window length, council independence, upgrade scope, client/prover diversity. decentralization isn’t vibes — it’s verifiable guarantees. until those exist, price in admin risk and size accordingly.

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