RE: Layer 2 blockchains are band-aids to deep wounds and not effective decentralized solutions

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VSC?

It's not an active product yet, so I can't comment on it. I know very little on it and hope that when it's live they'd be a comprehensive doc that covers everything.

It's important to note that this article mostly references EVM L2s, so little of everything else may apply to other L2s.

It all boils down to how they work and how their usage affects the underlying L1.

That said, I don't really think VSC is about "Scaling Hive" — I could be wrong — but from what I've seen in the last couple days from their X posts, the focus seems to be smart contracts and dex related solutions, so it's more of a HE alternative than an L2 looking to scale Hive.

Hive hasn't really needed scaling(so far?) in the sense that Ethereum does.

hive-167922
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Yeah I forget #VSC, how dare I. But I was think more about like everything related to $HIVE-engine and L2 tokens like $LEO and all the others.

It's important to note that this article mostly references EVM L2s, so little of everything else may apply to other L2s.

EVM 2nd layers quite different to what $HIVE has.

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(Edited)

Honest answer?

Let's just say I'd feel more comfortable holding Hive on the L1 than on HE.

Swap.hive has 9.07 trillion supply and only 1.26 million(liquid) real Hive tokens is held by the HE bridge wallet.

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