Ed Felten, co-founder and chief scientist at Offchain Labs, which developed Arbitrum, revealed that Arbitrum’s fraud proofs have not been invoked on its mainnet since its inception in August 2021. This indicates that no validator has challenged another over potential dishonesty or inaccuracies in transaction batches.

Ethereum’s layer-2 solutions, aimed at enhancing the primary Ethereum blockchain’s scalability and speed, have introduced a range of innovative mechanisms. Among these, the fraud-proof system stands out, especially in light of Arbitrum’s performance since its mainnet release.

Arbitrum, operating as an Ethereum layer-2, employs an interactive multi-round fraud proof system. Validators suspecting irregularities in transaction assembly can submit a fraud proof. A layer-1 verifier contract then evaluates this submission’s validity. Valid suspicions result in the fraudulenmt validator’s stake being slashed, providing a significant deterrent for potential malicious activities.

A quick comparison could be worth taking in this aspect, that is to say, between Arbitrum and Optimism

Go to Source to See Full Article
Author: Vince Dioquino

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details