BTC $62,816.79 -0.42%
ETH $1,875.29 -0.40%
BNB $603.60 -0.89%
XRP $0.9944 -0.95%
SOL $74.39 -1.56%
TRX $0.3310 -0.03%
DOGE $0.0695 -0.43%
ADA $0.1762 -0.73%
BCH $202.90 -0.23%
LINK $9.36 -2.04%
HYPE $57.22 +0.38%
AAVE $85.95 -0.68%
SUI $0.6704 -1.40%
XLM $0.1565 -1.23%
ZEC $486.65 -0.54%
BTC $62,816.79 -0.42%
ETH $1,875.29 -0.40%
BNB $603.60 -0.89%
XRP $0.9944 -0.95%
SOL $74.39 -1.56%
TRX $0.3310 -0.03%
DOGE $0.0695 -0.43%
ADA $0.1762 -0.73%
BCH $202.90 -0.23%
LINK $9.36 -2.04%
HYPE $57.22 +0.38%
AAVE $85.95 -0.68%
SUI $0.6704 -1.40%
XLM $0.1565 -1.23%
ZEC $486.65 -0.54%

Vitalik: Both Optimism and Arbitrum meet the voting threshold requirements of the security council and cannot unilaterally steal funds

2024-08-31 08:00:32

ChainCatcher message, Ethereum co-founder Vitalik Buterin responded on the X platform to "currently all major L2 networks in the mainnet can technically steal user funds," stating an important detail: the rules of Phase 1 require that code can only be overturned when the security council reaches a voting threshold of 75%, and the members preventing a quorum (i.e., ≥ 26%) must come from outside the company. Both Optimism and Arbitrum meet this requirement. Therefore, these organizations cannot unilaterally steal funds.

app_icon
ChainCatcher Building the Web3 world with innovations.