Optimism Launches Next-Generation Fault Proof Cannon and Bug Bounty Program

Optimism, an Ethernet Layer2 scaling solution, has launched Cannon, a fault proof implementation that runs the EVM equivalent of Layer2, and a bug bounty program of up to $250,000 on ImmuneFi. Cannon is said to be the first public fault proof implementation that can run an EVM equivalent Layer2 and achieve the smallest possible Layer1 gas cost for an Layer2 transaction.
Source

Optimism

Related News
Synthetix develops own blockchain on Optimism's Superchain infrastructure Synthetix develops own blockchain on Optimism's Superchain infrastructure
OP Mainnet Releases Fault Proofs, entering into Stage 1 Decentralization OP Mainnet Releases Fault Proofs, entering into Stage 1 Decentralization
Optimism Starts to Test Fault Proof Function Optimism Starts to Test Fault Proof Function
Optimism Announced Fourth Airdrop of over 10M $OP Token Optimism Announced Fourth Airdrop of over 10M $OP Token
Decentralized Stablecoin HAI to Launch on Optimism and Airdrop Governance Token Decentralized Stablecoin HAI to Launch on Optimism and Airdrop Governance Token
Latest News More More
5 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open