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Will OP Labs successfully implement the proposed upgrade to address vulnerabilities by Dec 31, 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from OP Labs or the Optimism Foundation
Story
OP Labs Proposes Upgrade After Optimism Fault Proof System Vulnerabilities Found
Aug 19, 2024, 11:31 PM
The Optimism Foundation has identified vulnerabilities in its decentralized fault proof system, leading to the temporary disabling of its fraud protection mechanism. As a result, the Layer 2 (L2) network has been returned to a permissioned state. In response to these findings, OP Labs has proposed an upgrade to address the issues. The decision follows community-driven audits that revealed bugs in the fault proof system, prompting the need for a solution to enhance the network's security and reliability.
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Widely adopted • 25%
Partially adopted • 25%
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Other • 25%
Two-factor authentication (2FA) • 25%
Multi-signature transactions • 25%
Bug bounty program • 25%
Other security measures • 25%
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