Backstop Layer 2

Backstop Layer 2 is a forkable L2 to secure oracles and arbitration systems. Contracts deployed on the Layer 2 ledger benefit from oracles and governance arbitration backstopped by the ability, in extremis, to fork the entire L2 ledger on which they are running. Decisions about assets issued on the forkable ledger benefit from "subjectivocratic" security. Tokens bridged from other ledgers can also be managed, albeit with an economic security bound. Tokens representing Real-World Assets can be bridged in the same way, or by extending the trust users already place in their issuer.