$ARB #sevenstarcfi ☑️Arbitrum DAO Opens Voting on BoLD Protocol Implementation Proposal on Ecosystem Chains📊
Arbitrum DAO is holding an open vote on an improvement proposal (AIP) to transform Arbitrum One and Arbitrum Nova into a Limited Liquidity Delay Protocol (BoLD).
There is currently an official proposal open for voting by the Arbitrum DAO on a highly anticipated improvement proposal (AIP) to transform Arbitrum One and Arbitrum Nova into Limited Liquidity Delay or BoLD.
BoLD has been active on the Arbitrum Testnet since April 2024. It is a dispute protocol with interactive fraud proofs for optimistic pooling operations, which can be used across Arbitrum chains to improve security.
If the AIP is approved by the ongoing vote, BoLD will be implemented on both Arbitrum chains, One and Nova, in February 2025. Both chains will replace the currently allowed-listed verifiers with a permissionless system that allows anyone to participate in securing the network.