• 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

Anthropic's Report Reveals AI's Potential for Self-Improvement

chest

A new report by Anthropic reveals that AI systems, particularly Claude, are significantly contributing to software development and may lead to recursive self-improvement.

user avatarLuis Flores

Israel's Crypto Disclosure Program Sees Disappointing Participation

chest

Only 58 individuals participated in Israel's voluntary crypto disclosure program, falling significantly short of expectations.

user avatarArif Mukhtar

Thunes Enhances US Payment Infrastructure with Real-Time Capabilities

chest

Thunes has officially launched real-time payment capabilities in the United States, enhancing its cross-border settlement infrastructure.

user avatarMaria Gutierrez

David Hoffman Highlights Lighter's Unique Features in Crypto Debate

chest

David Hoffman discusses the advantages of Lighter over Robinhood, focusing on its transparency, specialized features, and zero-knowledge system that enhances trust among traders.

user avatarZainab Kamara

XRP and SWIFT: A New Perspective on Global Payments

chest

Recent discussions suggest that XRP and SWIFT may not be direct competitors but rather part of a hybrid financial system.

user avatarDavid Robinson

Historic Mortgage Secured by Bitcoin Closed in Michigan

chest

A Michigan couple has made history by closing on the first government-backed mortgage using Bitcoin as collateral.

user avatarAndrew Smith

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.