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Offchain Labs has announced the launch of Arbitrum BOLD on testnet, marking a significant advancement in the development of decentralized rollups aligned with Ethereum's vision. Arbitrum BOLD represents a transition from Stage 1, facilitated by Fraud Proofs, to Stage 2 rollups, introducing permissionless validation. This development enables users to operate validator nodes, enhancing the network's consensus and security. The move towards a decentralized Layer 2 (L2) structure, aiming to be the first real layer 2 without training wheels, is seen as a critical step in reducing centralization in rollups, with BOLD decentralizing Orbit chains by allowing permissionless proving.
OFFCHAIN LABS LAUNCHES ARBITRUM BOLD ON TESTNET: FORTIFYING LAYER 2 SECURITY - @OffchainLabs unveils @Arbitrum BOLD on testnet, enhancing dispute protocol for optimistic rollups. - BOLD enables users to operate validator nodes, bolstering network consensus and defending against… https://t.co/lf0ow0uleE https://t.co/7f66xhBRT9
I know a lot of you may not care, but this is a HUGE milestone for Arbitrum. We often talk about rollups being extremely centralized - BOLD decentralizes Orbit chains by enabling permissionless proving. One step closer to the L2 end state 😤 https://t.co/OQdqzeTS2J
Arbitrum continues to march forward towards being the first real layer 2 without training wheels. Decentralized L2's will be a reality! https://t.co/Y3AJWBOqpM