<p>The post <a href="https://coinpedia.org/crypto-live-news/buterin-silences-speculation-about-layer-2-stealing-user-funds/" rel="noopener noreferrer nofollow">Buterin Silences Speculation About Layer-2 Stealing User Funds</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The co-founder &amp; CEO of Helius sparked off a heated debate on X implying that every major layer-2 can ‘technically steal user funds.’ However, Buterin clarified that they cannot unilaterally steal funds since there needs to be an extraordinarily high level of consensus.&nbsp; A security council oversees a chain in case of some issues with governance execution, which is supposed to have at least a 75% vote threshold. At least 26% of the council members should not be associated with the company behind a certain layer-2 solution. Buterin noted that both Arbitrum and Optimism comply with it, so the idea of layer-2s stealing user funds appears unlikely.</p>

Buterin Silences Speculation About Layer-2 Stealing User Funds

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