Arbitrum DAO launches BoLD protocol voting, planning to upgrade the mainnet security mechanism in February

2025-01-10 13:48:24
Collection

According to ChainCatcher news reported by The Block, the Arbitrum DAO has initiated a proposal for improvement (AIP) voting, planning to upgrade the Arbitrum One and Nova chains to the Bounded Liquidity Delay (BoLD) protocol. This protocol will run on the testnet starting in April 2024, and if the proposal is approved, it will be implemented on both mainnet chains in February 2025.

The BoLD protocol aims to enhance the security of Arbitrum withdrawals to the Ethereum mainnet by introducing a fixed time window (approximately 13 days plus a 2-day grace period) for resolving chain state disputes. This mechanism will shift the verification authority from a whitelist system to a fully open one, allowing anyone to participate in network security verification, effectively reducing the risk of malicious delay attacks.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators