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Matter Labs CEO Proposes Revolutionary Ethereum Court System for Smart Contract Disputes

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Summary:
Matter Labs CEO proposes an Ethereum court system resembling a real-world hierarchical court system called the "Ethereum Supreme Court". This system aims to handle smart contract disputes and protect protocols from external interference. The final stop would be an Ethereum layer-1 soft fork serving as the "Court of Final Appeal". The concept requires social consensus and is reserved for extraordinary cases. Gluchowski offers to fund research into this proposal along with the team at zkSync.
Matter Labs CEO Alex Gluchowski has suggested the creation of an Ethereum court system resembling a real-world hierarchical court system. Gluchowski proposed an "Ethereum Supreme Court" that would serve as the final destination for parties involved in smart contract disputes. The purpose of this system would be to protect protocols from outside political interference and elevate Ethereum as a powerful network state. Gluchowski's concept involves a hierarchical system of on-chain courts, with an Ethereum layer-1 soft fork serving as the "Court of Final Appeal". The system would require strong social consensus and would be reserved for "truly extraordinary" cases. Gluchowski acknowledged that there are existing solutions to smart contract disputes but argued that they are not effective in emergency situations. He offered to fund research into the proposal along with the team at zkSync, an Ethereum layer 2 scaling solution developed by Matter Labs.

Published At

9/4/2023 3:49:28 AM

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