zkSync Releases Important Update Execution Delay For Security Mechanism
According to the official Twitter, the Ethereum Layer 2 network based on ZK Rollup zkSync has released an essential update of the security mechanism: the introduction of Execution Delay. Because security comes first, the network has completed robust testing, multiple level 1 security checks, public contests, and bug bounties. It has a system running on the test network implemented carefully and gradually over a 12-month period.
Execution latency means every block of L2 committed to L1 will have a time lock until it is executed and finalized. Initially, this delay will be 24 hours, and as the system matures, this delay will gradually decrease until it is eliminated. The execution delay ensures that there is enough time to validate transactions in a block before the block becomes final. It will be able to prevent rapid exhaustion of the protocol if critical bugs are discovered and exploited. With the update, the zkSync team will monitor each block and can investigate any anomalies and warning signs, such as rapid outflows or substantial withdrawals.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
