With the unveiling of Gelato-driven Fault Proofs, Ink marks the commencement of its decentralization pathway.

In Brief

In a significant move towards decentralization, Ink has released open-source, permissionless Fault Proofs in partnership with Gelato.

Ink takes a major leap into its decentralization agenda by releasing Gelato-powered Fault Proofs.

Kraken's Layer 2 network, part of the cryptocurrency exchange platform, has officially announced the introduction of open-source, permissionless Fault Proofs alongside a Web3 cloud partner, marking a pivotal moment in its decentralization process. Ink Critical to systems like the Optimistic Rollup, Fault Proofs are essential components that enable users to withdraw ETH and tokens from OP Stack chains, such as the OP Mainnet, by providing verifiable proof of valid transactions. Gelato The newly launched Fault Proofs on Gelato’s OP Stack Rollups now empower users, developers, and institutions to reclaim bridged assets, including ETH and ERC-20 tokens, directly back to Ethereum without any intervention from Ink, while also allowing transaction reviews and challenges on Ink.

By rolling out Fault Proofs, Ink is fostering community engagement and promoting a decentralized approach to Layer 2 state validation. With a fully active security council and a permissionless proof system, the initiative is paving the way toward a significant evolution in securing rollups, with the second stage of decentralization soon to follow.

The implementation of Fault Proofs and the first stage are now operational, which allows users to:

✔️ Retrieve assets on Ethereum autonomously

✔️ Examine and contest rollup transactions on Ink @gelatonetwork

✔️ Rely on a Security Council for asset protection in case of disputes
Sooner or later, expect quicker exits and enhanced protections 🛡️.
Last month, Ink was launched with ambitions for a complete mainnet rollout by Q1 of 2025. This innovative Layer 2 blockchain is built on Kraken’s Superchain, aiming to create a seamless bridge into decentralized finance (DeFi), enabling users to connect with blockchain networks in a secure and efficient manner.

Constructed using the open-source, MIT-licensed OP Stack codebase from Optimism, Ink aligns with the larger Ethereum framework. This allows Ink to harness Ethereum's robust security, while also integrating into the Superchain—a collective network of blockchains that uphold shared security, governance, and foundational values. The adoption of a standardized framework within the Superchain is geared towards amplifying Ethereum's scalability and enhancing interoperability among different blockchain ecosystems. https://t.co/89c9Msq0MY
— ink (@inkonchain) November 15, 2024

What Is Ink And How Does It Work?

Kraken Please be advised that the content shared on this page does not constitute legal, tax, investment, financial, or other professional advice. It is crucial to only invest what you are comfortable losing and to seek independent financial guidance if you're uncertain. For additional details, we encourage you to consult the terms and conditions or support pages provided by the issuer or advertiser. MetaversePost is devoted to delivering exact and impartial reporting, although the state of the market may shift suddenly. Optimism Alisa, a passionate journalist with Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the vast opportunities within Web3. With her astute awareness of emerging innovations and trends, she crafts comprehensive stories that aim to both inform and captivate readers as they navigate the dynamic domain of digital finance.

Blum is celebrating its one-year anniversary by receiving accolades for ‘Best GameFi App’ and ‘Best Trading App’ at the Blockchain Forum 2025. Superchain Addressing fragmentation in DeFi: Discover how Omniston is enhancing liquidity on the TON network.

Tags:

Disclaimer

In line with the Trust Project guidelines Vanilla has introduced a game-changing 10,000x leverage Super Perpetuals on the BNB Chain.

With the unveiling of Gelato-driven Fault Proofs, Ink marks the commencement of its decentralization pathway.

What Is Ink And How Does It Work?

Disclaimer

Copyright, Permissions, and Linking Policy

In a noteworthy collaboration with Gelato, Ink has rolled out its open-source, unrestricted Fault Proofs, marking an important milestone on the path to decentralization.