The developer’s OP Stack software, the blueprint for Coinbase’s new Base blockchain, had been criticized for the lack of a crucial security feature – likened to driving a fast car without airbags.
making it easy for companies to spin up their own distributed networks atop the Ethereum blockchain, the option quickly became so popular that it attracted the likes of the big U.S. crypto exchange Coinbase, which used the platform to build its new blockchain,
OP Labs officials have repeatedly said that getting fault proofs into operation was a top priority – so much so that the project even had its own name, “On Tuesday, OP Labs took its first step toward addressing the concerns, launching fault proofs on a test network known as OP Goerli Testnet., a system for connecting layer-2 blockchains or"rollups" to primary layer-1 blockchains like Ethereum; the tech is used to “prove” that certain data from the rollup can or cannot be trusted.
Optimism, a layer-2 blockchain atop Ethereum that served as the template for OP Stack’s software, previously had released fault proofs on its main network, but removed them due to security concerns, Karl Floersch, the CEO of OP Labs, told CoinDesk in an interview. Some blockchain experts have argued that rollup technology without fault proofs is a security risk, as transactions are unsafe or can be spoofed with.. OP Labs says the software should also eventually be able to accommodate so-called “zero-knowledge” proofs, relying on a promising cryptographic technology that could be used as an alternative to fault proofs.
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