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21 sats \ 2 replies \ @standard_sats 6 Nov \ on: Fake L2 scams like Ark, Spark, Citrea, Drivechains, and others are Shitcoins 2.0 bitcoin
Why fake L2, just different.
We've spent a ton of efforts in Lightning. I do get why people could be pessimistic. It is not really a FUD but re adjustment of market sentiment.
Centralized and trusted isn't an L2, effort went into lightning because it's neither of those things.
If the market wants centralization and trust that's fine, but if so that would imply not having to lie about it.
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Some of mentioned projects have better trust assumptions than liquid for example so it is a spectrum.
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