Optimism to Pause ETH Withdrawals for One Hour Next Week as Part of Security Testing
In Brief
On February 15th, Optimism plans to halt ETH withdrawals for a brief period of one hour to thoroughly test its upgraded incident response capabilities.
Layer 2 network Optimism There will be a one-hour suspension of Ethereum (ETH) withdrawals on February 15th. However, deposits from the mainnet to the Layer 2 network and regular network transactions will continue without interruptions.
This temporary suspension is aimed at facilitating tests of an upgraded incident response framework. The primary goal is to enhance the network's ability to manage security threats across various chains within the Optimism ecosystem, aiming for a synchronized and effective response.
The existing incident response framework includes an on-chain pause feature tailored for withdrawals. Ethereum The upcoming enhancements will introduce a Superchain-wide pause feature that will apply not just to Ethereum withdrawals, but also to other tokens and NFTs across all chains that utilize Optimism and choose to activate this capability. Optimism \"This upgrade isn't solely focused on fortifying individual chains; it's about tapping into the collective security intelligence of the entire Superchain,\" noted OP Labs.
Today, OP Labs is publishing a governance proposal aimed at improving the incident response for the Superchain.
The Optimism network serves as the core blockchain within the Optimism ecosystem, developed by OP Labs and built on its unique software platform.
Optimism’s Robust Ecosystem
As a Layer 2 network, OP Mainnet operates on top of Ethereum’s framework, functioning as an optimized extension of the main blockchain. OP Stack This setup ensures rapid transactions with minimal fees, offering developers and cryptocurrency investors a streamlined and economical environment while maintaining the robust security features associated with Ethereum. Ethereum layer.
The networks under the umbrella of the Superchain effectively employ optimistic rollups to reduce transaction costs for decentralized applications (dApps). Governance within this ecosystem is managed by Optimism Collective, a Decentralized Autonomous Organization (DAO). OP Mainnet collaborates with other networks like Base and Zora.
Comprising an ecosystem of Layer 2 chains Optimism's forthcoming suspension of Ethereum withdrawals, aimed at testing an advanced incident response system, demonstrates the network’s dedication to strengthening its security protocols and ensuring a unified approach throughout its ecosystem.
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