• 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

Impact of US Midterm Elections on Bitcoin Price

chest

Analysis of Bitcoin's performance during US midterm elections and its potential impact on price.

user avatarJesper Sørensen

Bitcoin Price Recovery Amid Geopolitical Tensions

chest

Bitcoin has been on a steady recovery journey over the past few weeks, with several attempts at a sustained break above the 74,000 level, despite ongoing geopolitical tensions.

user avatarRajesh Kumar

Solana Faces Mixed Signals as Price Tightens

chest

Solana's price is showing mixed signals as it tightens beneath key resistance levels, with early signs of momentum weakness emerging.

user avatarFilippo Romano

Emerging Weakness in Solana's Structure Noted

chest

Analysts highlight emerging weakness in Solana's structure, with potential for a broader move lower if key support levels are broken.

user avatarLucas Weissmann

Ripple's Legal Victory Over SEC Confirmed by Token Taxonomy

chest

Ripple's survey comes just as the SEC released a token taxonomy that confirmed XRP is a digital commodity, not a security.

user avatarEmily Carter

Private Crypto Holders Face Significant Losses Due to New Malware

chest

Private crypto holders faced significant losses due to a new iOS malware called Ghostblade, which targets sensitive data and personal information.

user avatarTomas Novak

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.