Article8 months ago

Decentralized 'Ethereum Supreme Court' Proposed to Resolve On-Chain Disputes

Decentralized 'Ethereum Supreme Court' Proposed to Resolve On-Chain Disputes
Summary
  • Alex Gluchowski, Founder and CEO of Matter Labs, has proposed the creation of an 'Ethereum Supreme Court' to resolve disputes within the Ethereum ecosystem.
  • Gluchowski believes that the court system will protect protocols from political interference and serve as a deterrent mechanism.
  • The proposed court will operate as a multi-layered system, similar to the United States court system, with different courts organized in a hierarchy.
  • The court system will be developed in a fully decentralized manner, with various standing, members, and fees.
  • There are concerns and alternative suggestions within the crypto community regarding the ability of the proposed Supreme Court to solve certain on-chain problems and achieve genuine decentralization.
  • The implementation of the proposal would require extensive community consensus.

📣 Related news

Loading news...

💼 DePIN Hub Newsletter

We bring you real world use cases of web3 through DePIN. And btw, you can generate passive income along the way!