Highlight Clip Arbitrum SC Member: My First Project Was The DAO Griff Green, a member of the Arbitrum Security Council, notes that the public often misunderstands blockchains, which actually rely on social consensus and aren’t entirely immutable.
Drawing from his early experience with The DAO, he explains that rules on any chain can be altered as long as the community reaches a consensus
He highlights that Arbitrum’s recent use of a multi-sig mechanism to handle a crisis marks the first time a major L2 network has proactively frozen funds. — link