• The Optimism Foundation has introduced a framework called the Law of Chains to guide participants in its proposed multichain network.
• The Law of Chains creates standards for security and uniformity across the Superchain ecosystem, including mandatory use of standard bridging protocols and simultaneous upgrades.
• The proposed framework is currently open for community feedback, with plans to formally introduce the final draft for voting during the next governance season.
Optimism Introduces Framework to Guide Superchain Participants
The Optimism Foundation has introduced a framework called the Law of Chains to guide participants in its proposed multichain network. This framework is intended to create standards for security and uniformity across the Superchain ecosystem, allowing users, chain governors, and servicers to share a uniform and open block space, mutual improvements, and better infrastructure. It includes requirements such as mandatory use of standard bridging protocols and simultaneous upgrades.
Enforcement Of The Law Of Chains
Enforcement of the Law of Chains will be conducted via Optimism Governance but does not impose a legally binding obligation on participants.
Feedback Process
The proposed framework is currently open for community feedback. Once enough feedback is collected from users, chain governors, and servicers it will be formally introduced as a final draft for voting during the next governance season.
Contributions By Coinbase’s Base Developers
The idea of multichain networks has received contributions from Coinbase’s Base developers in order to solve problems like fragmented liquidity, limited block space, and the need for multiple deployments of single solutions across multiple chains.
Bedrock Upgrade
Following these contributions came Optimism’s Bedrock upgrade which brought about security and speed improvements in May 2023 — taking its first steps toward transitioning to a multichain network.