Optimism’s Layer 2 Network to Test Enhanced Incident Response System with Temporary ETH Withdrawal Halt
Crypto News – In a bid to bolster its incident response capabilities, the Optimism Layer 2 network is set to halt Ethereum (ETH) withdrawals for a duration of one hour on February 15. The temporary pause, as disclosed in a recent announcement on Discord, will exclusively affect withdrawals from the Layer 2 network to the Ethereum mainnet. Deposits from the mainnet to the Layer 2 network and regular network transactions will remain unaffected during this period.
The primary objective behind this initiative is to fortify the network’s capacity to swiftly address security incidents across various chains within the Optimism ecosystem in a unified manner. Presently, the incident response system entails an on-chain pause mechanism specifically designed for Ethereum withdrawals. However, with the introduction of this upgrade, a broader Superchain-wide pause capability will be enabled, encompassing withdrawals for both tokens and NFTs across Optimism and any affiliated Optimism-based chains that opt in.
Stressing the significance of this upgrade, OP Labs emphasized that it extends beyond fortifying individual chains, aiming instead to harness the collective security intelligence of the entire Superchain. The announcement, made on January 25, underscores the community’s commitment to bolstering security measures within the ecosystem.
Notably, the upgraded feature is already operational on the testing network. The forthcoming one-hour pause will serve as a live environment test to evaluate its efficacy in real-world conditions.
The Optimism ecosystem, characterized by a network of Layer 2 chains collectively referred to as the Superchain, leverages optimistic rollups to streamline transaction costs for decentralized applications (dapps). Governed by a DAO known as the Optimism Collective, this ecosystem boasts flagship networks like the OP Mainnet, alongside others such as Base and Zora.
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