• 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

Bitunix Enhances Trading Offerings with New Security Measures

chest

Bitunix is enhancing its trading offerings with new security measures and high leverage options.

user avatarElias Mukuru

SUI Price Analysis Shows Potential Recovery Similar to TON

chest

SUI Price Analysis Shows Potential Recovery Similar to TON

user avatarKenji Takahashi

SpaceX Executes Major Bitcoin Transfer to Coinbase Prime

chest

SpaceX has transferred 1,083 BTC, valued at approximately $998 million, to Coinbase Prime custody, indicating a strategic move in institutional cryptocurrency management.

user avatarDiego Alvarez

Recurring Infrastructure Issues Raise Concerns

chest

Recent outages at Upbit and Coinbase raise concerns about systemic vulnerabilities in cryptocurrency exchange infrastructure, highlighting the need for improved decentralization and resilience.

user avatarGustavo Mendoza

Major Outages Hit Upbit and Coinbase

chest

Major outages affected Upbit and Coinbase today, causing significant service disruptions for traders due to issues at Cloudflare.

user avatarMaria Fernandez

Current US Military Operations Do Not Impact Cryptocurrency Markets

chest

Experts from Kanalcoin indicate that ongoing US counternarcotics operations are not expected to impact cryptocurrency markets.

user avatarRajesh Kumar

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.