@aviationdoctor.eth
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
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