The Threat of the Bold Protocol

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The bold protocol is licensed as the same as arbitrum nitro, which means that it's a business source license. That means you can use it for any non-production use, but also that you can launch an arbitrum orbit chain that settles to one of the DAO's chains permissionlessly. It's basically about a royale and honest party always wins. So this feud about arbitrage state should be rare, right? Unless you're willing to lose something,. When you make a claim, when you participate in a challenge, you have to put up some stake and that can get taken away if you're wrong.

What did the Arbitrum L2 just unlock with its BOLD release? What stage of L2 is Arbitrum in? What is next for decentralizing the Arbitrum stack? We brought on Ed Felten and Raul Jordan to help answer these questions and much more.

Ed Felten is a Co-Founder of OffChain Labs, the organization that created Arbiturm. Raul Jordan is one of the Co-Founders of Prysmatic Labs, the Ethereum consensus client which not too long ago got acquired by Offchain Labs.

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----- TIMESTAMPS

0:00 Intro 7:30 What is BOLD? 9:20 Are L2s Decentralized? 19:30 BOLD Timeline 23:40 What Does BOLD Solve? 27:15 How Does BOLD Work? 31:35 Why Use BOLD? 38:00 Shared Sequencing 42:30 Why Was BOLD Hard to Build? 48:50 Will BOLD Be Open-Source? 50:00 Are L2s Secure? 52:30 Staking $ARB 1:00:20 Arbitrum's New Tech 1:03:50 Ethereum's Overarching Roadmap 1:06:30 Closing & Disclaimers

----- RESOURCES

BOLD, Permissionless Validation for Arbitrum Chains https://offchain.medium.com/bold-permissionless-validation-for-arbitrum-chains-9934eb5328cc

Ed Felten https://twitter.com/EdFelten

Raul Jordan https://twitter.com/rauljordaneth

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