• 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

Binance Cuts Withdrawal Fees for USD Transfers

chest

Binance has reduced its withdrawal fee for direct USD transfers via SWIFT from $60 to $25.

user avatarLuis Flores

Shift from Bearish to Neutral-Bullish Market Structure for PENGU

chest

PENGU's daily chart indicates a transition from a long-term downtrend to a potential bullish reversal.

user avatarAndrew Smith

PENGU Market Cap Growth Signals Rising Investor Confidence

chest

PENGU's market cap has shown significant growth, indicating increased investor confidence and a shift in market sentiment.

user avatarMaria Gutierrez

PENGU Price Action Indicates Potential Bullish Rebound

chest

PENGU's price action shows signs of a bullish rebound with key support at 00117 acting as a critical demand zone.

user avatarDavid Robinson

OCC Approves Circle as a National Trust Bank

chest

The OCC has granted conditional approval to Circle Internet Financial to operate as a national trust bank, enhancing USDC's stability and confidence in digital transactions.

user avatarArif Mukhtar

CryptoQuant Details Methodology for Tracking Institutional Bitcoin Accumulation

chest

CryptoQuant's CEO Ju Kiyoung explains the methodology used to track institutional Bitcoin accumulation, focusing on US custody wallets.

user avatarJacob Williams

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.