Cryptocurrency and Blockchain - What's the Difference?

Everything here turtles all the way down to Ethereum L1, meaning if you say this is the logic that's going to be implemented on these smart contracts and that custom start net in layer three. If that visa decides maliciously to take all of Santiago's money and move it over to Yano, it cannot unless Santiago signed all his assets over. Here, it's a very different equilibrium, right? Even if they're 100 percent malicious, there's no harm. They can do other than censor you,. And then you opt out and go elsewhere, right? You try to bribe up some other minor rent or validator. It's sort of like a fair victory.

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