The Importance of Execution Delay as a Multi-Layer Security Mechanism in zkSync Era
On March 24th, zkSync introduced one of the multi-layer security mechanisms of zkSync Era, namely, execution delay. Execution delay means that each L2 block submitted to L1 will ha
On March 24th, zkSync introduced one of the multi-layer security mechanisms of zkSync Era, namely, execution delay. Execution delay means that each L2 block submitted to L1 will have a time lock before execution and final determination. The initial delay will be 24 hours. As the system matures, the delay will gradually decrease until the alpha phase is removed, at which time the delay will be completely removed. The main purpose of the delay is to ensure that the team has sufficient time to verify the impact of transactions included in the block before the block becomes the final block, and has sufficient time to detect vulnerabilities, investigate, and pass governance freeze agreements.
ZkSync: The zkSync Era implementation delay security mechanism will allow sufficient time to detect issues and react in a timely manner
If you are involved in the cryptocurrency world or have an interest in the latest blockchain technology, you may have heard of zkSync. They recently introduced one of their new multi-layer security mechanisms, which is the execution delay.
Execution delay is a time lock that is added to each L2 block submitted to L1. The initial delay added will be for 24 hours, which will then gradually decrease as the system matures. The main purpose of the delay is to ensure that the team has sufficient time to verify the impact of transactions included in the block before the block becomes the final one.
In this article, we will explore the importance of execution delay as a multi-layer security mechanism in zkSync Era and explain it in a more straightforward and understandable way.
What is execution delay?
Execution delay is a method that zkSync has implemented to add an extra layer of security to their ecosystem. In simple words, the delay means that each L2 block submitted to L1 will have a time lock before execution and final determination.
Initially, the duration of the execution delay is 24 hours, where the system gradually decreases it over time. The purpose of the delay is to enable the zkSync team to scrutinize the transactions and L2 block before it becomes final.
The importance of execution delay
The significance of execution delay in zkSync Era lies in the fact that it acts as a multi-layer security mechanism crucial for emphasizing trust. It provides added security to the blockchain transactions by acting as a checkpoint that enables the team to investigate, pass governance agreements, and detect vulnerabilities.
Furthermore, by having the necessary time to review each transaction and L2 block, zkSync Era aims to minimize or eliminate potential challenges and vulnerabilities that may occur. This is the aim of the delay protocol, which allows the team to detect any potential issues before they become irreversible and provide a necessary solution before it causes any harm.
Implementation of execution delay
The implementation of the execution delay is essential as it acts as a backstop for the ecosystem. Early implementation of the delay is necessary, and gradually it will decrease as the ecosystem improves. This is important because it will make the initial implementation less challenging and mitigate any potential problems that may arise when the delay periods increase.
The gradual decrease of the delay period will also ease the slow progression of the system, enabling it to function at optimal levels. Additionally, it will give ample time for experts to investigate each transaction and L2 block, thus enhancing the efficiency of the system.
Conclusion
In conclusion, adding an execution delay to the zkSync Era protects both the ecosystem and the users, as it complements the existing security protocol as a multi-layer security mechanism. It ensures that every L2 block and transaction is scrutinized before becoming final, thus mitigating the chances of a potential harmful event. The delay also provides a backstop for the system as it begins to function, thereby ensuring an efficient and optimized process.
FAQs
1. What is the execution delay in zkSync?
The execution delay is a time lock added to each L2 block submitted to L1 in zkSync, allowing the team to investigate, detect vulnerabilities, and pass governance agreements.
2. How long is the initial execution delay in zkSync?
The initial execution delay in zkSync is 24 hours, which will gradually decrease as the system matures.
3. What is the significance of the execution delay in zkSync Era?
The execution delay in zkSync Era acts as a multi-layer security mechanism that emphasizes trust, adds security, and enables investigators to scrutinize each transaction and L2 block, reducing or eliminating the chances of a potential harmful event.
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