According to PANews, Ethereum co-founder Vitalik Buterin has emphasized the importance of achieving quick withdrawals within one hour over reaching Stage 2 in Ethereum's Layer 2 (L2) solutions. This shift in priority highlights the challenges posed by the current one-week withdrawal waiting period, which negatively impacts user experience and increases cross-chain costs. For instance, liquidity providers in intent-based bridging solutions like ERC-7683 face a week-long capital lock-up, raising cross-chain fees and forcing users to opt for less secure multi-signature solutions, contrary to L2's original goals. Buterin proposes a 2-of-3 hybrid proof system combining Zero-Knowledge (ZK), Optimistic Proof (OP), and Trusted Execution Environment (TEE) technologies
source: https://www.binance.com/en/square/post/28020442083777?utm_source=BinanceNewsRSS