New BoLD Dispute Resolution System on Arbitrum Platform

user avatar

by Giorgi Kostiuk

2 years ago


Arbitrum, Ethereum's largest layer 2 scaling solution, seeks to improve its ecosystem with a new dispute resolution system called the BoLD protocol.

What is the BoLD Protocol?

The BoLD protocol aims to open up Arbitrum’s validation system to everyone, removing the current reliance on a select group of validators. It ensures disputes are resolved within fixed timeframes, eliminating the potential for system abuse to delay transaction confirmations.

Key Features

One standout feature of BoLD is the censorship timeout mechanism, designed to counter sequencer censorship or outages. This mechanism handles situations where the sequencer, responsible for processing and ordering network transactions, either censors certain transactions or stops functioning.

Introducing Infura to Arbitrum Nova

While BoLD will enable permissionless validation on Arbitrum One, Arbitrum Nova will retain its permissioned model. The proposal includes adding Infura to Nova's validator whitelist to enhance security. Infura provides developers access to Ethereum nodes without running their own infrastructure.

If approved, BoLD will be deployed on Arbitrum One and Nova in February, significantly boosting the Arbitrum ecosystem by providing reliable and efficient transaction validation.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Growing Interest in BRICS Membership

Many countries are expressing interest in joining the BRICS alliance, according to Russian Foreign Minister Sergey Lavrov.

user avatarKaterina Papadopoulou

XRP's Technical Indicators Point to Potential Bullish Momentum

XRP's technical indicators suggest a possible bullish crossover, despite a bearish death cross setup.

user avatarMaya Lundqvist

Crypto Market Sees Recovery as Bitcoin Surges Above 80,000

Crypto traders are feeling more optimistic today as Bitcoin has climbed back above 80,000 after a tough period marked by a Federal Reserve rate hike and a Senate vote against the Clarity Act.

user avatarLeo van der Veen

US Treasury Targets BitBank in Sanctions Evasion Crackdown

The US Treasury has sanctioned BitBank, an Iranian exchange involved in facilitating Bitcoin payments for shipping companies in the Strait of Hormuz.

user avatarLi Weicheng

Solana Reclaims 105 Price Level After Market Dip

Solana's price recently fell to 96 after a marketwide dip but has since rallied to reclaim the 105 mark, experiencing a 56% increase in the last 24 hours.

user avatarAisha Farooq

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

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.