• 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

a year 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

Experts Warn of AI Bias and the Need for Decentralization

chest

Experts raise concerns about algorithmic bias in AI chatbots and emphasize the need for decentralized systems to ensure accuracy and impartiality.

user avatarTomas Novak

XRP and Chainlink Maintain Strong Market Presence

chest

XRP and Chainlink continue to attract institutional interest, showcasing their reliability in the crypto market.

user avatarKaterina Papadopoulou

Korea Investment & Securities and Bithumb Join Forces for Enhanced Crypto Asset Management

chest

Korea Investment & Securities has signed a Memorandum of Understanding with Bithumb to enhance crypto asset management services by merging traditional finance with digital assets.

user avatarMaya Lundqvist

KuCoin Launches Apple Pay for Crypto Purchases

chest

KuCoin has launched Apple Pay support for cryptocurrency purchases on its web platform, starting October 24, 2024.

user avatarLeo van der Veen

Apple Pay Integration to Boost Crypto Accessibility

chest

The introduction of Apple Pay on KuCoin aims to enhance the accessibility of cryptocurrency purchases for users worldwide.

user avatarLi Weicheng

Long-term Holders Show Resilience Amid Market Selling Pressure

chest

On-chain metrics indicate that long-term holders are not rushing to sell, suggesting that selling pressure may be absorbed by other buyers.

user avatarAisha Farooq

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.