Memes

Aviator, diver, Etherean, nexialist, PhD in aviation and climate science, host of /diving /ethfinance /forteantimes /geopolitics /science /singapore /thomas

Writer / Crypto Idealist / Privacy Ninja /
I like hard money and I dislike the state. 
Blog: paragraph.xyz/@thoughtcrimetraphouse

It’s clearly centralized, and under Coinbase’s control who also does the sequencing. They did achieve stage 1 not long ago though and have a stated aspiration of achieving decentralization, but proof will be in the pudding, so we’ll have to see. Until then I wouldn’t store meaningful assets on it, I use it when I have to but am much more comfortable transacting on the L1

What's your opinion on the Base layer 2? In regards to centralization. I'm not technical enough to know much more than what L2Beat tells me.

we might need to pay the pro tier to get access to our wallet :D

To be clear it’s “sufficiently” centralized. 
Network stability be damned.