TechFlow reports, on October 31, according to official announcements, the Ethereum Layer2 network Base has launched its Fault Proofs mechanism on mainnet. This mechanism allows any participant to make claims about on-chain states and verify them, while introducing a permissionless challenge system that removes reliance on centralized entities for network security.
The Base Fault Proofs system features two key components: first, permissionless proposal, enabling any participant to submit claims regarding the chain's state; second, permissionless challenge—should a fraudulent proposal arise, anyone can challenge it within 3.5 days by running open-source challenger software, with successful challengers receiving the malicious proposer’s bond as a reward.
The Base team stated that this mechanism is a crucial part of the first phase in achieving Vitalik’s proposed decentralized framework for Layer2. They expect to complete the formation of a decentralized security council over the coming months, ultimately realizing full decentralization.
