Optimism Plans Layer 2 Laborious Fork After Security Audits
Ethereum layer 2 community Optimism community has reverted the community to a permissioned exclaim to abet far from instabilities till vulnerabilities found for the length of third-occasion audits are patched.
OP Labs, the tool model firm at the help of Optimism, proposed a protocol upgrade called “Granite” which involves place of dapper contract upgrades to repair the vulnerabilities identified within the audits and a layer 2 onerous fork to toughen the performance of its fault proof machine.
Optimism’s fault proof machine, which enables users to contest incorrect or fraudulent transactions, went continue to exist the mainnet in June. The permisionless fraud proof machine enables anybody, now not factual depended on proposers, to participate within the fraud detection direction of and turned into thought of as a step in direction of greater decentralization.
OP Labs mentioned that none of the vulnerabilities identified had ever been exploited, and emphasised that user assets were by no system in risk of being compromised.
“While the auditors did scrutinize some high severity problems, no user assets were ever in risk,” mentioned Mofi Taiwo, a protocol engineer at OP Labs, within the proposal.
If the community votes to pass the proposal, the Granite upgrade will most most likely be finished on Sept. 10 at 16:00:01 UTC. OP Labs mentioned it does now not now stay wide awake for any downtime attributable to the upgrade, however educated all node operators to upgrade sooner than 11th of September to abet far from a series split.
Most Optimism governance delegates were in favor of transferring the proposal forward to a vote, whereas some raised issues about executing a onerous fork that has now not been audited.
“Such an upgrade shouldn’t pass without an audit, as it is already a repair of existing bugs. If there are additional bugs introduced in this upgrade, this would well quit up in irreparable distress to the chain which is able to require additional fixes,” wrote a user called Takeshi on the governance forum.
Source credit : unchainedcrypto.com