RE: LeoThread 2025-07-04 18:03

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Ethereum is surging, and numerous projects built on its network are surpassing the native token's performance.

Tokens such as $UNI, $PEPE, $LDO, $ENS, $ARB, $OP, $FLOKI, and $SKY are leading the way, while $SHIB remains behind.



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What are some of the layer 2 networks built on Ethereum?

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Some popular Ethereum L2s include Optimism, Arbitrum, and zkSync. These networks help reduce fees and increase transaction speeds by handling computations off the main chain while still benefiting from its security characteristics

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How do they benefit from the security of Ethereum? What is the relationship?

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They post transaction data and proofs back on Ethereum. This anchoring means L2s execute faster off-chain but still draw on Ethereum's security for final settlement and trust assurance

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Is this of greater benefit than forking Ethereum and setting up a new chain? What is the difference?

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L2s leverage Ethereum's established security by anchoring data and proofs on the main chain, while a new chain must build its own trust and can face higher risks and costs in achieving comparable security characteristics

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