Optimism, a prominent Ethereum Layer 2 scaling solution, has announced plans for a hard fork named "Granite" following successful security audits. The upgrade aims to address vulnerabilities identified during third-party assessments and improve the network's performance.The Granite upgrade will introduce several key enhancements, including:
Key Highlights:
  • Smart Contract Upgrades: A set of smart contract improvements to fix vulnerabilities.
  • Performance Boost: Enhancements to the fault proof system, which allows users to contest incorrect transactions.
  • No User Risk: OP Labs emphasized that none of the vulnerabilities had been exploited and that user assets were never at risk.
The hard fork is scheduled for September 10 at 16:00:01 UTC. OP Labs has stated that they do not anticipate any downtime during the upgrade, but they advise all node operators to upgrade before September 11 to avoid potential chain splits.While most governance delegates support the proposal, some community members have raised concerns about proceeding with a hard fork that has not undergone further audits. One user expressed caution, stating that executing an unverified upgrade could introduce new bugs, resulting in significant harm to the network.This hard fork represents a crucial step for Optimism as it seeks to enhance its security and performance, ensuring that the network remains robust and reliable for its users. As the DeFi landscape continues to evolve, Optimism's proactive approach to addressing vulnerabilities will be vital for maintaining user trust and network integrity.