Ethereum Layer-2 scaling solution Arbitrum has proposed a new challenge resolution protocol called BoLD (Bounded Liquidity Delay) to boost its ecosystem.

The Arbitrum team first put forward the proposal on January 6.

Arbitrum’s BoLD Proposal Gains 99.79% Community Approval

The Arbitrum DAO has now opened an on-chain final vote on the BoLD proposal. At the time of writing, the proposal had received unanimous support from the Arbitrum community, with 99.79% voting in favor of it.

However, only less than a million people have voted out of the total 201.5 million so far. The voting will close on January 24.

The BoLD protocol aims to enable permissionless validation and protect against delay attacks.

“While Arbitrum chains today benefit from working fraud proofs, BoLD introduces a few subtle but innovative changes that let anyone challenge and win disputes – all within a fixed time period,” Arbitrum said.

Moreover, validation on Arbitrum One and Arbitrum Nova is now restricted to a limited group of validators. Go to Source to See Full Article
Author: Ann Maria Shibu