• 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

Future Prospects for JasmyCoin in Global Digital Finance

chest

Larry Fink's insights suggest a promising future for JasmyCoin as a key player in global digital finance.

user avatarDavid Robinson

JasmyCoin's Role in Data Privacy and Global Commerce

chest

JasmyCoin plays a crucial role in data privacy and global commerce by enabling secure data flows and allowing users to own their data, which enhances trust in regulatory-compliant digital ecosystems.

user avatarMaria Gutierrez

Larry Fink Discusses the Future of JasmyCoin in Global Finance

chest

Larry Fink discusses JasmyCoin's potential role in digital finance, emphasizing asset tokenization and digital wallets.

user avatarAndrew Smith

MG 999 Tokenized Gold Fund Launched for Institutional Investors in Singapore

chest

Libeara, in partnership with FundBridge, has launched the MG 999 tokenized gold fund in Singapore, targeting institutional and accredited investors.

user avatarJacob Williams

Circle's Stock Drops Despite Positive Regulatory News

chest

Circle's stock fell nearly 2% despite positive regulatory news in the UAE, reflecting ongoing investor caution and market volatility.

user avatarZainab Kamara

Strategy CEO Puts an End to Bitcoin Sale Rumors

chest

Strategy CEO Phong Le reassures investors that the company will not sell Bitcoin until at least 2065, despite market speculation.

user avatarSon Min-ho

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.