The @Soneium situation is a good live demonstration of how launching an ethereum L2 is great for businesses *and* users. Businesses can make very fine-grained choices around how much control they keep vs give to users. But whatever rules they choose, that's what the rules are. Everything is onchain, transparent, and auditable by third parties. You can make a very closed system where there's no escape hatch, and where the operator can edit the state root, but then users will know exactly what they are getting into, and @l2beat and armies of independent internet sleuths will help them. You can also make a fully open system. And you can also make a system where users know they can send a transaction on the L2 if they need to, but there's a large speed bump - the sequencer can throttle but not censor. This is effectively what Sony has done. This is all free market at play. The main thing we need to watch for as an ecosystem is to ensure that (i) a critical mass of financial activity happens in fully open environments (ii) enough tools are available for users to understand the properties of the onchain environments they are spending their time in

Thanks for the warm welcome to the family and your work for wild animals! I'm happy to be adoptive father to Moo Deng as she grows up over the next 2y and support her with my 10M THB donation, maybe more as I set aside 88 ETH for🦛+ frens. May they live long and prosper🖖🏻