• 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

Saxony May Access Additional 57,000 Bitcoin in Movie2k Case

chest

A proposed court deal in the movie2k case could allow Saxony to access an additional 57,000 Bitcoin, raising concerns about state-controlled supply in the market.

user avatarArif Mukhtar

Ripple and Kyobo Life Insurance Join Forces for Blockchain Bond Settlement

chest

Ripple has partnered with Kyobo Life Insurance to explore Korea's first tokenized government bond settlement on blockchain, aiming to modernize the market and reduce settlement times.

user avatarMaria Gutierrez

Ethereum Price Reclaims Key Cost Basis Level

chest

Ethereum's recent price surge has allowed it to reclaim a key cost basis level, according to on-chain analytics firm Glassnode.

user avatarAndrew Smith

Ethereum MACD Signals Potential Bullish Rally

chest

A crypto analyst has identified a new golden cross in Ethereum's MACD, suggesting a possible price rally.

user avatarDavid Robinson

Dogecoin's Price Analysis Suggests Potential Bull Cycle

chest

Analyst Javon Marks conducted a technical analysis of Dogecoin, suggesting it may repeat previous bull cycles with a potential price rally of over 2,600% if it breaks above the 1618 Fibonacci extension.

user avatarJacob Williams

Dogecoin Foundation Plans New Developments to Boost Demand

chest

The Dogecoin Foundation has announced plans for two significant developments aimed at enhancing the utility of Dogecoin, including a self-custodial wallet and a Layer-2 upgrade.

user avatarZainab Kamara

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.