• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Base Implements the Exclusive Multi-Chain Prep Update

Base Implements the Exclusive Multi-Chain Prep Update

user avatar

by Giorgi Kostiuk

2 years ago


In its most recent announcement, the organization disclosed the outcome of its latest initiative. It highlighted the chains that have successfully completed the upgrade, emphasizing that these chains will operate on identical underlying code. This uniformity is expected to facilitate continuous upgrades and bolster security. The platform also shared details about the upgrade proposal.

The Optimism Foundation, a blockchain solution built on Ethereum's L2 network, introduced the upgrade proposal aimed at enhancing the security and upgradability of the Superchain. The proposal enables L1 contracts to be upgraded across multiple chains through a single transaction, allowing different chains to share a common smart contract implementation.

This simplifies the deployment and upgrade processes, particularly in emergency situations where quick smart contract upgrades are essential to mitigate vulnerabilities. Furthermore, the upgrade extends the SystemConfig to include contract addresses within the network.

By offering consumers access to the system's contract addresses, developers can provide a more immersive experience. The proposal also addressed scenarios involving critical security issues, outlining plans to collaborate with the community and communicate extensively in the event of upgrade cancellations. The upgrade introduces atomic upgrades across chains, reducing the potential risks of exploitation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bybit's Strategic Expansion in Decentralized Storage Sector

chest

Bybit announced plans to list the SKR token for spot trading on January 21, 2025, as part of its strategic expansion into the decentralized storage sector.

user avatarRajesh Kumar

Strategy Inc Surpasses 700,000 BTC in Cryptocurrency Holdings

chest

Strategy Inc has increased its cryptocurrency holdings to over 700,000 BTC, acquiring an additional 22,305 BTC.

user avatarMiguel Rodriguez

Paradex Maintains Communication During Recent Outage

chest

During the outage, Paradex maintained consistent communication through its Discord channel to keep users informed and reduce misinformation.

user avatarArif Mukhtar

Media Attention Surges Following Paradex Outage

chest

Media attention surged following the Paradex outage, raising questions about reporting accuracy and narrative amplification.

user avatarLuis Flores

Kazakhstan's National Bank Takes Charge of Digital Asset Regulation

chest

Kazakhstan's National Bank will regulate digital assets, ensuring investor protections and compliance with financial laws.

user avatarDavid Robinson

VanEck Increases Holdings in MicroStrategy, Signaling Long-Term Strategy

chest

VanEck has increased its holdings in MicroStrategy, now holding approximately 284,000 common shares, signaling a long-term strategy focused on financial exposure.

user avatarMaria Gutierrez

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.