• 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

Boris Johnson Critiques Bitcoin as a Ponzi Scheme

chest

Former UK Prime Minister Boris Johnson expresses concerns about Bitcoin, labeling it a Ponzi scheme in a recent column.

user avatarKaterina Papadopoulou

Bitcoin Surges to Key Liquidity Level

chest

Bitcoin recently reached a significant liquidity pocket near the 73,000 level, experiencing a sharp reaction after testing overhead supply.

user avatarMaya Lundqvist

Custodia Bank Faces Setback in Legal Battle for Master Account

chest

Custodia Bank has lost a legal battle regarding the Federal Reserve's authority over master accounts, with the US Court of Appeals denying its request for a rehearing.

user avatarLeo van der Veen

Stanley Druckenmiller Predicts Stablecoins Will Transform US Payments

chest

Billionaire investor Stanley Druckenmiller believes stablecoins will become central to the US payments system in the next decade.

user avatarLi Weicheng

Michael Saylor Confident in Bitcoin's Long-Term Growth

chest

Michael Saylor remains confident in Bitcoin's future despite current market challenges.

user avatarAisha Farooq

SocksEscort Involved in Global Cybercrime Operations

chest

SocksEscort was involved in various cybercrimes, including bank fraud and cryptocurrency account takeovers, affecting victims globally.

user avatarMohamed Farouk

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.