• 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

a year 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

Drift Protocol Announces Recovery Plan Following Major Hack

chest

Drift Protocol has announced a comprehensive recovery plan to compensate users affected by the recent hack attributed to North Korean hackers.

user avatarLuis Flores

AI Transforms Brazilian Nursery Rhyme into 1950s Blues Track

chest

An account named IABatida has turned the popular Brazilian children's song 'O Sapo no lava o pé' into a 1950s-style blues track featuring AI-generated frogs.

user avatarArif Mukhtar

Analyst Warns of Imminent Bitcoin Price Crash

chest

A crypto market analyst warns of a potential Bitcoin price crash 750 days after the last halving event.

user avatarMaria Gutierrez

Bitcoin Whales Accumulate Coins, Exchange Reserves Hit 7-Year Low

chest

Bitcoin whales have accumulated around 270,000 BTC from exchanges, causing reserves to hit a 7-year low.

user avatarDavid Robinson

GPT55 Instant Enhances Accuracy and Personalization for ChatGPT Users

chest

GPT55 Instant improves accuracy and personalization for ChatGPT users, particularly in medical responses.

user avatarAndrew Smith

OpenAI Introduces GPT55 Instant as Default Model for ChatGPT Users

chest

OpenAI has launched GPT55 Instant as the default model for ChatGPT users, enhancing user experience by reducing hallucinations and improving accuracy.

user avatarJacob Williams

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.