Ethereum co-founder Vitalik Buterin has given a grim warning to developers of Rollup-based L2 Systems solutions, and emphasizes that the hurry to decentralize without robust security measures can lead to catastrophic financial losses
In an X-post, the co-founder of Ethereum noted That reaching phase 2 in an L2 network is crucial for security; However, he claimed that it is just as essential to strengthen the underlying evidence system. He added that hurrying for phase 2 without significantly improving the reliability of the evidence could increase the chances of failure.
One of Buterin’s care points is that many rollups are still dependent on centralized control mechanisms, ‘training wheels’, as he described. Although useful to help the ball roll, they can also become some failure points that hinder the progress, unless replaced by robust, decentralized alternatives.
He emphasized that rollups are vulnerable to attacks and operational errors without the correct security measures such as fraud or validity certificates, threatening user confidence and damaging the wider Ethereum -Ecosystem.
Daniel Wang proposes to add a label “battleted” to Layer 2 Roll-ups
The post from Buterin came in response to the suggestion of the founder and CEO Daniel Wang to have a separate label for phase 2-battletested- for improved security.
The CEO running ring claimed That a roll-up could be classified as Battleetested if the code has been on the Main of Ethereum for more than six months and has maintained a $ 100 million TVL, including at least $ 50 million in Ethereum and a large stablecoin.
He also suggested that the rated status should not be permanent – all changes made in the Rollup must require that it runs through the qualification process completely to earn back the label.
On the other hand, it would not matter whether a roll-up was in phase 2 or not; A roll-up can still be eligible for the Batleteste label.
In response to Wang’s proposal, Buterin noted: “A good memory that phase 2 is not the only thing that is important for security: the quality of the underlying evidence system is also important.”
Dominick John, an analyst at Kronos Research, also argued that a system is really decentralized when it can be reliable under economic stress and not just through theoretical evidence system designs.
He added that Rollup teams, before shifting from phase 1 to phase 2, also had to prepare for the risks with which they will undergo that threatening network protection.
Buterin: Rollups may only touch phase 2 with strong evidence systems
In another X -Post, Buterin elaborate At the best time to move to phase 2 in a mathematical model.
In his model he made the following assumptions: Each member of the Security Council has a failure percentage of 10%, failure of the liveliness and the failure of safety are equally likely, phase 0 security council is 4-of-7 and phase 1 is 6-of-8.
In view of these assumptions, he argued that as the quality of the system rises, the optimum phase shifts from phase 0 to phase 1 and ultimately to phase 2. That means that phases 0 or 1 are more reliable when failure chances increase than phase 2. That is why it is up and setting up phase 2 is suitable.
With these hypotheses, he claimed that as the evidence system strengthens, the peak level will move from phase 0 to phase 1 and then phase 2. That is why phases 0 or 1 are more reliable as the chance of failure increases compared to phase 2. So you only have to continue to phase 2 if you have a reliable system of evidence.
He also suggested that the use of multi-sig-proof systems would lower the risk of system breakdown.
In addition, Mike Tiutin, Chief Technology Officer of Decentralized Compliance protocol PUREFI, offered his perspective on the subject, with the belief that you could jeopardize your system security by decentralizing prematurely.
In the same spirit, Kronos analyst John argued that decentralization should not be considered a race, but a shared responsibility of the crypto ecosystem. In phase 1, guess intervention to help if the system breaks, but in phase 2 a stepback would hold millions of dollars, he said.