AIP: BOLD - permissionless validation for Arbitrum

[michael-oz]

@openzeppelin was asked by the ARDC to review the BOLD AIP to provide security feedback. Overall, we are very pleased and impressed with the level of thoroughness with which the Offchain Labs team and Arbitrum community has discussed the risks of BOLD.

We explored concerns with the handling of confiscated funds as well as the future need to monitor and update BOLD parameters as economic conditions change. You can read the details of our analysis in the report below:

AIP BOLD Security Analysis

Abstract Authors: @red-swan @michael-oz BOLD is a new dispute mechanism for Arbitrum which is permissionless and mitigates delay attacks. OpenZeppelin was asked by the ARDC to review the AIP. We assume that readers have read the AIP or at least the gentle introduction to which the AIP refers. Our analysis focuses on the parameters of BOLD involving the distribution of confiscated funds and their implications for the future. Impressions Overall we were impressed with the amount of work that w…