MultiversX Tracker is Live!

Do L2 chains have any native ETH or is it all bridged?

Etherum Reddit

More / Etherum Reddit 130 Views

Not sure if I'm asking this question correctly but here goes:

If we think of an L2 network such as optimism, is all of the ETH that exists on it bridged? As in did optimism start as an "empty" chain, and then gradually as people locked more ETH onto L1, did we start getting more and more opETH? Same as let's say USDC?

What I'm trying to understand is that some bridges will advertise themselves as being able to transfer native assets. Where have those native assets come from? They must have been bridged by a lock and mint (or similar mechanism) at some point?

submitted by /u/Trevorr2
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments