PANews June 11th news, according to The Block, OP Labs has launched the fault-proofing on the L2 blockchain OP Mainnet. The fault-proofing system allows for the extraction of Ethereum and ERC-20 tokens from OP Mainnet without the need for a trusted third party. Fault-proofing is a mechanism of the Ethereum L2 network that allows users to defend against potential fraud or incorrect transactions. Previously, OP Mainnet did not have fault-proofing, which required users to trust the operator to submit accurate state roots to the mainnet. In the future, fault-proofing will be extended to other L2s built on OP Stack, including Base, Metal, Mode, and Zora.
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PANews June 11th news, according to The Block, OP Labs has launched the fault-proofing on the L2 blockchain OP Mainnet. The fault-proofing system allows for the extraction of Ethereum and ERC-20 tokens from OP Mainnet without the need for a trusted third party. Fault-proofing is a mechanism of the Ethereum L2 network that allows users to defend against potential fraud or incorrect transactions. Previously, OP Mainnet did not have fault-proofing, which required users to trust the operator to submit accurate state roots to the mainnet. In the future, fault-proofing will be extended to other L2s built on OP Stack, including Base, Metal, Mode, and Zora.