Matter Labs CEO Alex Gluchowski Proposes Ethereum Hierarchical Court System for Enhanced Network Security
In a recent X thread, Matter Labs co-founder and CEO Alex Gluchowski ignited a debate within the Ethereum community by proposing the creation of an "Ethereum Supreme Court" to address the ongoing challenges surrounding smart contract implementation risks in the decentralized finance (DeFi) ecosystem.
Gluchowski's idea seeks to establish a hierarchical system of on-chain courts, resembling real-world judiciary structures, to provide a resolution mechanism for disputes related to smart contracts.
In the September 2 thread, Alex Gluchowski tackles critical issues and limitations in the DeFi sector, especially within Layer 2 (L2) implementations. He systematically highlights the deficiencies of current solutions, particularly their inability to handle emergencies and vulnerabilities effectively.
Gluchowski emphasizes the need for more time-locked upgrades, which are suited for planned changes but fall short of addressing urgent and unforeseen situations.
He also points out the limitations of converting to alternative Layer 1 (L1) solutions, as this approach exacerbates existing problems and fails to offer viable solutions.
Importantly, Gluchowski notes that assets bridged from Ethereum cannot be forked, complicating the resolution of fork-related challenges.
The thread also delves into the role of security councils in mitigating issues but underscores that they need to offer comprehensive solutions.
While governance multisigs with emergency upgrade rights can address some problems, they introduce regulatory and security risks, highlighting the immaturity of DeFi systems.
Furthermore, Gluchowski explores the concept of combined governance mechanisms, illustrating how security councils may temporarily freeze contracts, necessitating
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