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Ethereum’s Layer 2 Rollups Reduce Costs, but the Risks Are Underappreciated

Meanwhile, Optimism, despite having $2 billion locked in its virtual bank vault, has yet to deploy fraud proofs (which it calls “fault” proofs) at all. The network’s proof system is “currently undergoing major redevelopment,” so is currently not active, according to the Optimism website. However, they are said to be planned for a soon-to-arrive update.