According to Odaily, Justin Bons, founder of Cyber Capital, expressed concerns about the top 10 Tier 2 (L2) platforms based on market capitalization. He argues that these platforms represent a centralized dystopian nightmare due to the potential misuse of multi-signature features. Bons pointed out that platforms such as Arbitrum, Base, Optimism, Blast, ZKsync Era, Linea, Mantle, Scroll, Starknet, and Manta Pacific could misuse the multi-signature features to steal all users' funds. He further explained that authorized bidders on these platforms could also exploit these capabilities, and centralized operators could take advantage of Miner Extractable Value (MEV). Furthermore, centralized classifiers and validators could censor and freeze all user funds. For example, on the Blast platform, if there is not enough liquidity on the bridge, user funds could be frozen. Similarly, on the Mantle and Manta Pacific platforms, if external data is not available, users' funds may be lost. These platforms also have centralized validators that can freeze all funds. Bons' comments highlight the potential risks associated with the centralization of L2 platforms. Their concerns highlight the need for more decentralized systems to ensure the security and integrity of users' funds. The potential misuse of multi-signature capabilities and the ability for centralized operators to exploit MEV are significant concerns that need to be addressed to ensure the security of these platforms.#BinanceSquareFamily #binancenews