We all know that #pi rose recently to 1USD plus clearing doubts just like #BTC above 100k and other tokens. Definitely the market is more bullish even on $POL
Let's take a look also on AggLayer built on the Polygon Network as it delivers a stronger upgrade with Pessimistic Proofs now live on AggLayer Mainnet.
Pessimistic Proofs
Lets take a look at Pessimistic Proofs on AggLayer Mainnet and its importance and security features in details.
A major upgrade has taken place on #AggLayer v0.2 which enables pessimistic proofs, the security foundation for Agglayer. Pessimistic Proofs are live on the AggLayer Mainnet with strong components unlocking the key piece for AggLayer to safely support the mulitstack future.
What does it mean?
• It clearly states that Pessimistic proofs on mainnet will help make Agglayer more flexible and accessible for a wider variety of chains utilizing the AggLayer.
• It breaks and takeaway the difficulty where only chains built with Polygon CDK could safely connect to the AggLayer
Two Critical Features on Pessimistic Proofs
▪︎ Flexibility - allowing connection for chains of different security models to access AggLayer
▪︎ Safety - it will provide safety for cross-chain interoperability on AggLayer
How Pessimistic Proofs Operates?
▪︎ To safeguard the unified bridge from malicious activity, the system enforces a strict rule: no individual chain can ever withdraw more than it has contributed. This ensures that even if a chain becomes compromised, the broader ecosystem remains protected from cascading losses.
▪︎ At the heart of this security model lies the pessimistic proof a mechanism that approaches every chain with healthy skepticism, irrespective of its native consensus or reputation. By assuming the worst and demanding proof of the best, it creates a robust safety net, ensuring that trust is earned, not assumed. This adversarial mindset protects all interconnected chains, fostering a secure and resilient cross-chain environment.
It comes to heart to know that Pessimistic Proofs creates the feeling of safety due to its design which allows Agglayer to be as minimal and flexible as possible.
How Pessimistic Proofs are Generated
There are three pieces of information needed by AggLayer to generate a pessimistic proof:
▪︎ Chains update their reports correctly
▪︎ Chains perform their internal accounting correctly f.e. Each chain must manage its own assets responsibly, never attempting to withdraw more than it truly owns.
▪︎ All chains have performed correct internal accounting - The system assumes nothing and verifies everything, ensuring no weak link can compromise the whole.
Read more
https://polygon.technology/blog/major-development-upgrade-for-a-multistack-future-pessimistic-proofs-live-on-agglayer-mainnet