According to The Block, the Base team announced that they will implement permissionless fault proof on October 30 to achieve network decentralization and eliminate control by a single entity.
Base is an Ethereum layer 2 platform incubated by Coinbase, which will implement permissionless fault proof on October 30, aiming to decentralize the network and eliminate control by a single entity.
"Fault proof will go live on the Base mainnet on October 30, marking a key milestone on the path to decentralization," Base stated.
Base launched in August 2023, developed using the Optimism OP Stack software package, and has become the largest layer 2 aggregation platform by total value locked on Ethereum.
The introduction of fault proof on Base is inspired by a similar deployment on the Optimism main chain OP Mainnet. Both chains are part of the Superchain ecosystem, which also includes other projects like Zora, Mode, and Fraxtal.
Base noted its collaboration with Optimism, which made the upgrade to fault proof possible. Fault proof serves as a mechanism in Ethereum's layer 2 network, allowing users to challenge potential fraud or erroneous transactions.
Before this upgrade, only one centralized proposer could submit the output root regarding the state of the Base network. This required users to rely on the operator to accurately report the state root to the mainnet.
Through fault proof, any participant can assert a claim on a specific state of Base and challenge invalid withdrawals, thereby enhancing the security of the network.
Most optimistic aggregation blockchains have yet to achieve network decentralization through the introduction of fault proof and maintenance of decentralized contract upgrades. Notable exceptions are Arbitrum and OP Mainnet, both of which have implemented fault proof functionality.
