Wu Blockchain (@WuBlockchain): Solana founder Anatoly Yakovenko argued that L2s and bridges like Wormhole share the same worst-case risk: multisigs can upgrade contracts and move as…
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Solana founder Anatoly Yakovenko argued that L2s and bridges like Wormhole share the same worst-case risk: multisigs can upgrade contracts and move assets without users’ knowledge. He rejected Gabriel Shapiro’s view that complex governance makes such systems safer, stressing that the core issue is whether a set of external keys can control user funds. Yakovenko concluded that multisigs effectively define the sequencer’s authority, and under current designs, L2s do not truly inherit Ethereum’s security. https://t.co/ELJQpeDaaS