• 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

Uniswap's Fee Switch Proposal May Attract Institutional Interest

chest

Uniswap's ongoing governance discussions regarding a fee switch mechanism could significantly enhance its appeal to institutional investors.

user avatarFilippo Romano

Celestia's Innovative Scalability Model Gains Attention

chest

Celestia's revolutionary modular blockchain design is reshaping scalability discussions in the crypto space.

user avatarEmily Carter

Traders Reduce Rate Cut Expectations Amid Economic Uncertainty

chest

Traders are scaling back their expectations for Federal Reserve rate cuts amid surprising jobs data and ongoing uncertainty regarding the Fed's interest rate policy.

user avatarTomas Novak

Bitcoin Transitions from Speculative Asset to Institutional Investment

chest

Bitcoin's price movements are increasingly influenced by institutional capital flows rather than retail enthusiasm.

user avatarBayarjavkhlan Ganbaatar

Taiwan Should Consider Bitcoin as a Reserve Asset, Says Think Tank

chest

A think tank suggests Taiwan adopt Bitcoin to hedge against geopolitical risks.

user avatarMaya Lundqvist

Cathie Wood Remains Optimistic About Bitcoin Amid Price Drops

chest

Cathie Wood expresses optimism about Bitcoin's long-term value despite recent price drops.

user avatarKaterina Papadopoulou

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.