• 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

Sam Bankman-Fried's Request for New Trial Denied

chest

A federal judge has denied Sam Bankman-Fried's request for a new trial, calling his claims baseless. He is serving a 25-year sentence for fraud related to the FTX collapse.

user avatarAndrew Smith

Celsius Founder Alexander Mashinsky Permanently Banned from Crypto

chest

Alexander Mashinsky, the founder of Celsius, has been permanently banned from the crypto industry as part of a $10 million settlement with the Federal Trade Commission (FTC).

user avatarJacob Williams

Key Figures Indicted in Major Cryptocurrency Fraud Case

chest

Several individuals have been indicted for their involvement in orchestrating cryptocurrency scams that targeted American citizens.

user avatarSon Min-ho

Bitcoin Tests 76,000 Resistance After Recovery

chest

Bitcoin is testing the 76,000 resistance zone after a controlled recovery, facing potential rejection that could lead to a return to lower price levels.

user avatarZainab Kamara

International Authorities Unite to Combat Cryptocurrency Scams

chest

International authorities from the US, UAE, and China have arrested 276 individuals involved in cryptocurrency scams that defrauded American victims of millions.

user avatarAyman Ben Youssef

Bitcoin Coinbase Premium Gap Hits Negative Levels, Indicating Increased Selling Pressure

chest

Bitcoin Coinbase Premium Gap has reached a significantly negative level, indicating increased selling pressure on Coinbase.

user avatarTando Nkube

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.