Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Base Enhances Decentralization with Upcoming Fault Proofs Launch

Base Enhances Decentralization with Upcoming Fault Proofs Launch

Cryptodnes2024/10/25 12:55
By: Cryptodnes
OP-5.04%ARB-3.83%MODE0.00%

Base is set to launch permissionless fault proofs on October 30, a significant step towards decentralizing the network and reducing the control of any single entity.

Base announced this upgrade as a crucial milestone in its journey toward decentralization, highlighting that fault proofs will enhance security by allowing users to dispute potentially fraudulent transactions.

Since its debut in August 2023, Base has utilized Optimism’s OP Stack and has rapidly become the largest Layer 2 rollup on Ethereum based on total value locked.

The new fault proofs will function similarly to those already implemented on Optimism’s OP Mainnet, and both platforms are part of the larger Superchain ecosystem alongside projects like Zora, Mode, and Fraxtal.

READ MORE:
Vietnam Unveils National Blockchain Strategy to Boost Innovation

Prior to this update, only a centralized proposer was able to submit the output roots detailing the state of the Base network, which required users to trust these operators for accurate reporting. With the introduction of fault proofs, any network participant can now claim the state of Base and contest invalid withdrawals, thus bolstering the overall security of the network.

While many optimistic rollup blockchains have yet to implement decentralized fault proofs and contract upgrades, Arbitrum and OP Mainnet stand out as exceptions that have already adopted this feature.

SHARE: SHARES
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — AVNT/USDT!
Bitget Announcement2025/09/15 09:50

Trending news

More
1
New spot margin trading pair — AVNT/USDT!
2
Crypto Loan Carnival round 25: Borrow ETH, SOL to enjoy an APR discount of up to 40%

Crypto prices

More
Bitcoin
Bitcoin
BTC
$114,736.68
-0.90%
Ethereum
Ethereum
ETH
$4,518.74
-2.28%
XRP
XRP
XRP
$2.99
-1.87%
Tether USDt
Tether USDt
USDT
$1
-0.00%
BNB
BNB
BNB
$919.22
-1.65%
Solana
Solana
SOL
$234.79
-4.25%
USDC
USDC
USDC
$0.9997
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2626
-7.72%
TRON
TRON
TRX
$0.3448
-1.20%
Cardano
Cardano
ADA
$0.8608
-3.84%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter