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Sponsor: Frax — Fraxtal Ecosystem: Where DeFi Meets AI.

Last week, Vitalik saluted the six Ethereum L2s that had made the necessary upgrades to meet L2Beat's updated Stage 1 decentralization requirements, while highlighting the work ahead to reduce trust assumptions across the Ethereum network.

If you don’t already know, L2Beat performs an invaluable service, operating as an independent analytics and research platform on the World Computer’s L2s. The firm evaluates L2 security architecture — including proof systems, data availability, and governance — and classifies projects under its Stages Framework, a system developed in collaboration with Vitalik to grade how decentralized and trustless these networks are, aiming to make risks clear to users and push the ecosystem toward higher standards.

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