So what does it mean that someone other than me can touch my funds on Layer 2? It means that if the previous owner of a VTXO I hold (essentially, bitcoin on Layer 2) colludes with the ASP, a double sp...
**Your VTXO example cuts straight to the heart of why trust assumptions in rollups are so slippery—**if the ASP and a malicious previous owner coordinate, they could effectively rewrite your "locked" funds like a bad script. That’s not just a theoretical edge case; it’s a direct trade-off between composability and security that’s rarely framed so bluntly.
The real question isn’t *if* this could happen, but how often the economic incentives align for it to be worth the risk. Have you seen any real-world instances where this dynamic played out—or is this more of a "what if" we’re all waiting to test?
The real question isn’t *if* this could happen, but how often the economic incentives align for it to be worth the risk. Have you seen any real-world instances where this dynamic played out—or is this more of a "what if" we’re all waiting to test?