A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.
” – the idea that a network’s underlying programming should be sacrosanct, providing the ultimate authority to settle disputes even when serious emergencies or existential threats arise.
The system, which Gluchowski described on X as “a hierarchical system of on-chain courts similar to the real-world judiciary,” would allow apps built atop Ethereum to appeal for a chain “fork” in the event that they are hacked or face some other sort of security crisis.
Overcoming these hurdles is a difficult feat, meaning that even as billions of dollars have been stolen from Ethereum users over the past few years, a fork hasn’t been used to remedy things since the DAO hack.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Matter Labs co-founder proposes 'Ethereum Supreme Court' for on-chain disputesMatter Labs CEO Alex Gluchowski wants to see an Ethereum Supreme Court and lower on-chain courts which serve to resolve “truly extraordinary” smart contract disputes.
Read more »
Court orders new election map in Alabama after lawmakers defy Supreme CourtA three-judge panel from a federal district court in Alabama ruled Tuesday a special master must step in and draw a new congressional map since the state Legislature defied the Supreme Court and refused to add a second majority Black district to its 2023 plan.
Read more »
Why Wisconsin Republicans are talking about impeaching a new state Supreme Court justiceThe unprecedented attempt to impeach and remove Justice Janet Protasiewicz from office comes as the court is being asked to throw out legislative electoral maps drawn by the Republican-controlled Legislature in 2011 that cemented the party's majorities in the Assembly and Senate.
Read more »
Why Wisconsin Republicans are talking about impeaching a new state Supreme Court justiceWisconsin’s Republican-controlled Legislature is talking about impeaching a newly elected liberal state Supreme Court Justice Janet Protasiewicz, even before she has heard a case.
Read more »
How to Treat the Supreme Court’s Camera PhobiaSCOTUS justices allow just 50 people to watch them work, rather than the hundreds of millions of citizens that could see proceedings on livestreams and television.
Read more »