• 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

Sabadell Joins European Banking Consortium for Stablecoin Initiative

chest

Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.

user avatarBayarjavkhlan Ganbaatar

Ripple CEO Highlights Critical Hearing for CLARITY Act's Future

chest

Ripple CEO Brad Garlinghouse emphasizes the importance of the upcoming Senate Banking Committee hearing for the CLARITY Act's progress.

user avatarMohamed Farouk

Bitcoin Holds Steady Above 80,000 as Market Recovery is Tested

chest

Bitcoin's price remains above 80,000, indicating a recovery from March lows, with differing behaviors observed among large holders.

user avatarElias Mukuru

Gerstein Harrow LLP Files Restraining Notice Over Ethereum Linked to Kelp DAO Hack

chest

Gerstein Harrow LLP has filed a restraining notice in a New York district court, claiming legal rights to approximately 30,766 Ethereum frozen after the Kelp DAO hack.

user avatarDiego Alvarez

Aave Takes Legal Action to Release Frozen Ethereum in Kelp DAO Hack Case

chest

Aave has filed an emergency motion in a New York district court to vacate a restraining notice blocking the Arbitrum DAO from accessing approximately 30,766 Ethereum frozen after the Kelp DAO hack.

user avatarKenji Takahashi

World Liberty Financial Sues Justin Sun for Defamation

chest

World Liberty Financial has filed a defamation lawsuit against Justin Sun, accusing him of orchestrating a smear campaign to damage the company's reputation and manipulate token prices.

user avatarMaria Fernandez

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.