BTC $80,520.45 -1.29%
ETH $2,363.23 -1.56%
BNB $730.94 -2.04%
XRP $1.28 -3.00%
SOL $101.42 -2.92%
TRX $0.3300 +0.01%
DOGE $0.0775 -3.36%
ADA $0.2081 -3.92%
BCH $276.85 -2.38%
LINK $11.61 -3.95%
HYPE $75.66 -2.99%
AAVE $140.28 -5.24%
SUI $0.9458 -4.77%
XLM $0.1697 -3.91%
ZEC $1,154.26 -6.22%
AAPL $346.90 -0.41%
AMZN $248.12 -0.88%
GOOGL $320.92 -0.86%
MSFT $522.62 +0.68%
META $641.79 -0.86%
NVDA $211.41 -0.96%
TSLA $371.13 -1.19%
SNDK $1,236.71 -4.12%
INTC $86.58 +0.04%
SPCX $147.12 -0.80%
MU $881.90 +1.24%
AMD $516.91 +0.76%
BTC $80,520.45 -1.29%
ETH $2,363.23 -1.56%
BNB $730.94 -2.04%
XRP $1.28 -3.00%
SOL $101.42 -2.92%
TRX $0.3300 +0.01%
DOGE $0.0775 -3.36%
ADA $0.2081 -3.92%
BCH $276.85 -2.38%
LINK $11.61 -3.95%
HYPE $75.66 -2.99%
AAVE $140.28 -5.24%
SUI $0.9458 -4.77%
XLM $0.1697 -3.91%
ZEC $1,154.26 -6.22%
AAPL $346.90 -0.41%
AMZN $248.12 -0.88%
GOOGL $320.92 -0.86%
MSFT $522.62 +0.68%
META $641.79 -0.86%
NVDA $211.41 -0.96%
TSLA $371.13 -1.19%
SNDK $1,236.71 -4.12%
INTC $86.58 +0.04%
SPCX $147.12 -0.80%
MU $881.90 +1.24%
AMD $516.91 +0.76%

zkSync co-founder: Use L1 Fork as the final court to establish a layered on-chain court system

2023-09-03 16:45:03

ChainCatcher message, given that the implementation risk of smart contracts remains the biggest unresolved issue in DeFi, zkSync co-founder Alex G posted on the X platform proposing a new governance solution, using L1 Fork as the final court, establishing an on-chain court hierarchical system similar to real-world judicial institutions, and providing a standard ERC interface for it.

Alex G stated that each protocol under this solution has its own governance and defines normal and emergency upgrade mechanisms, and the protocol must also specify a special contract as an appeal instance. For emergency upgrades, there must be an appeal period during which anyone can challenge the decision to a higher court, and they must pay a predetermined bail. The court can then cancel the emergency upgrade (and not perform any other actions), with different courts having different members, prices, and reputations in a fully decentralized manner. Each court must also specify a higher-level court that can hear appeals against any decision, up to the Ethereum Supreme Court. The decisions of this smart contract can only be determined by a soft fork of L1.

The most important function of this system is to protect protocols from external political interference. It will serve as a powerful deterrent and enhance the role of Ethereum's robust network.

app_icon
ChainCatcher Building the Web3 world with innovations.