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

2023-09-03 16:45:03
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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.

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