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Funds are secured by layer 1; force exit can be executed even when layer 2 is offline.
There's a big difference between a centralized layer 1 like #Solana going down and they are forced to "reboot" their blockchain
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Makes literally no difference in terms of PnL
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#Arbitrum doesn't have a token ser
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Thats not what I mean - consider the following:
- I want to sell X on arbitrum-sushiswap, but can't, get rekt on the wait
- I want to sell Y on Saber-solana, but can't, get rekt on the wait
I get rekt either way on losing trade optionality, token has got nothing to do with it
I want to sell X on arbitrum but it is down so I force exit and sell it on L1
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If you want to sell X on arbitrum and are a small retail investor, the gas fees on L1 will wipe out most of the investment in X. âJust use L1â isnât a great answer when âL2âs will fix unaffordable gas fees for small playersâ is your other answerâŚ
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Data availability ensures that a userâs assets can be recovered from L1 at any time
User can initiate a withdrawal by sending a tx request to the Inbox contract in L1
AnyTrust mechanism ensures that the user can force L2 to process the withdrawal transaction correctly
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However, ORU exit has a 7 days contest period which makes your comment valid. ZKR does not (Wen zkEVM?)
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So what youâre referring to is atomic composability? #Radix âbraidingâ lets you cross-shard compose dApps/smart contracts and execute them in an all-or-none manner. This way you donât have unnecessary financial exposure while performing arbitrage, flashloans etc đ.