OP Bulletin: ERC-7683 & Fault proofs on Base | Nov. 1st
TL;DR
- Optimism supports ERC-7683
- Fault proofs are live on Base
- OP Succinct with Celestia Underneath
- Fault proofs on Soneium Soon
- Standard Rollup Charter Ratification
- Membership for the Collective Feedback Commission
- Voting begins in Retro Funding 6
- Cycle 29 Final Roundup
Ecosystem News
Optimism supports ERC-7683
This standard was created by Across Protocol in collaboration with Uniswap and provides a framework for cross-chain actions based on intents. This unlocks better UX for users, easier swaps, and shared liquidity. Support for this standard pushes forward interoperability between the Superchain and Ethereum as a whole.
Read more about Solving Interoperability
Fault proofs are live on Base
Anyone can monitor and permissionlessly challenge invalid withdrawals, removing the need for a trusted third party and paving the way for greater community participation. With this, Base moves closer to Stage 1 decentralization, although a Security Council and modifications in the approval process for Base protocol upgrades are still needed. Base is on track to reach Stage 1 in the coming months.
OP Succinct with Celestia Underneath
As a result of collaboration between Celestia, Conduit and Succint, OP Stack Rollups can now use an alternative data availability provider like Celestia while implementing ZKPs with OP Succint.
Fault proofs on Soneium Soon!
Soneium will enable Fault Proofs with an L1 contract upgrade to Soneium Minato on November 4th. This upgrade will extend the native bridge challenge period to 7 days.
Governance News & Discussions
Standard Rollup Charter Ratification
The first charter of Blockspace Charters has been ratified by the Token House! The Standard Rollup Charter will now hold the onchain and offchain criteria for a “Standard Rollup” and the charter be added to the Operating Manual.
Membership for the Collective Feedback Commission
Members for the new iteration of the CFC have been notified. Selected members can opt-in by November 1st to then participate on an onboarding call on November 4th.
Voting Reminders
No voting at the moment.
Grant New
Voting begins for Retro Funding 6
Badgeholders and guest voters will vote to determine the round’s amount to be distributed within the range of 1.1M and 3.5M OP as well as the budget for each category. These votes should reflect the impact of the projects listed. Voters will then evaluate projects and allocate rewards through either one of the suggested methods or creating a custom one.
Voting on round6.optimism.io will be available until November 13th.
Cycle 29 Final Roundup
The grants final roundup for this cycle has been published. Out of 55 applications, 29 passed final review.
Applications for mission requests are open until November 5th.
Application guide | Available Missions
Upcoming Calls
- Grants Council Office Hours [Monday, November 4th]
- Joint House Community Call [Tuesday, November 5th]
- govNERD Office Hours [Thursday, November 7th]
You can add Optimism governance calls to your calendar here.
Optimism Collective Resources
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See you next week!