• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Arbitrum DAO Considers BoLD: A Step Towards Enhanced Security

user avatar

by Giorgi Kostiuk

2 years ago


The Arbitrum DAO is considering a proposal to implement the BoLD protocol across Arbitrum One and Arbitrum Nova, aimed at enhancing the dispute resolution system and security measures.

The Importance of BoLD Protocol

If approved, this proposal will update the current dispute resolution system with a more effective and secure protocol. The BoLD integration is anticipated in February 2025. Currently, validators have a 6.4-day window to dispute assertions about the chain’s state. This system, while functional, is vulnerable to delay attacks, where bad actors dispute assertions to delay their confirmation. BoLD tackles this by introducing a fixed upper time bound for dispute resolution, which stops delay attacks and ensures timely assertion confirmations.

Transition to Permissionless Validation on Arbitrum One

With BoLD comes a major change: permissionless validation on Arbitrum One. Now, anyone can secure the network by validating transactions.

Impact on Arbitrum Nova

Arbitrum Nova will keep permissioned validation but add Infura’s validator for reliability.

Implementing the BoLD protocol could significantly enhance the security and decentralization of the Arbitrum network, improving dispute resolution and ensuring more reliable and efficient network operations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Uniswap Proposes Protocol Fee Activation Across Multiple Deployments

chest

Hayden Adams, the founder of Uniswap, has proposed activating protocol fees across Uniswap v4 and other network deployments, reigniting a key governance debate in DeFi.

user avatarMaya Lundqvist

SEC Increases Position Limits for Bitcoin ETF Options

chest

The SEC has approved a significant rule change for options on BlackRock's iShares Bitcoin Trust, raising the position and exercise limits from 250,000 contracts to 1,000,000 contracts.

user avatarLeo van der Veen

BNB Chain Reaches $52 Billion in Tokenized Real-World Assets

chest

BNB Chain has reached approximately $52 billion in tokenized real-world assets, marking significant growth in the sector.

user avatarLi Weicheng

Sui Introduces Gas-Free Transfers for Stablecoins

chest

Sui has launched a new feature that allows users to transfer stablecoins without the need to hold the network's native token for transaction fees.

user avatarAisha Farooq

Pumpfun Transfers 81,712 SOL to Kraken, Impacting Solana Market

chest

Pumpfun has transferred a significant amount of SOL to Kraken, raising concerns about selling pressure in the Solana market amidst declining memecoin trading activity.

user avatarTenzin Dorje

Bitcoin ETF Inflows Surge Amid Improved Macro Sentiment

chest

Bitcoin ETFs recorded significant net inflows of $1.323 million on July 17, indicating renewed demand for Bitcoin through regulated investment products.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.