The crypto news content states that L2BEAT, a group focused on layer 2 (L2) projects using Ethereum's blockchain, is implementing changes to improve the security and transparency of L2s. Currently, there are over 120 L2 projects with a total value locked of over $50 billion. Previously, L2s were judged based on their progress towards decentralization, but as they have grown, security risks have become more apparent. To address this, L2BEAT is introducing a new framework that separates secure L2s from weaker alternatives. The updates include classifying projects without proper proof systems or data availability guarantees under a new "Others" category, mandating proof systems for all rollups, and imposing stricter requirements for data availability guarantees. Projects have six months to meet the new standards or face reclassification. Ethereum co-founder Vitalik Buterin supports these stricter rules and will only publicly support projects that meet higher security standards. L2BEAT plans to monitor and review the reliability of proof systems in 2025. The changes align with Ethereum's aim for decentralized and secure L2 solutions.



Other News from Today