Why does it sometimes take a week to withdraw coins from a Layer 2 network back to the mainnet?
Layer 2 networks are scaling solutions built on top of the Ethereum mainnet. Transactions are executed on Layer 2, and then the data is submitted to the mainnet.
Before withdrawing assets from Layer 2 back to the mainnet, check whether you’re using the official bridge or a third-party cross-chain bridge—the arrival time and risks differ.
$ARB and $OP are the governance tokens for Arbitrum and Optimism, respectively.
Have you run into any pitfalls with this? Share your experience to help others avoid them.
Layer 2 networks are scaling solutions built on top of the Ethereum mainnet. Transactions are executed on Layer 2, and then the data is submitted to the mainnet.
Before withdrawing assets from Layer 2 back to the mainnet, check whether you’re using the official bridge or a third-party cross-chain bridge—the arrival time and risks differ.
$ARB and $OP are the governance tokens for Arbitrum and Optimism, respectively.
Have you run into any pitfalls with this? Share your experience to help others avoid them.