Alex Gluchowski, co-founder and CEO of Matter Labs, has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. In a post on Twitter, Gluchowski suggested the idea of an “Ethereum Supreme Court” — which would work similar to the United States Supreme Court — to serve as a final stop for parties to dispute smart contract issues rather than needing to take matters to a traditional lawyer or court.According to Gluchowski’s concept, disputes and emergency upgrades would be handled by a hierarchical system of on-chain courts. The final stop, however, would be an Ethereum layer-1 soft fork as the “Court of Final Appeal.” Every protocol would have its own governance with normal and emergency upgrade mechanisms, and would also designate a special contract which can trigger an appeal. When there is an emergency upgrade to a protocol, there would be an appeal period, during which any user can submit a challenge to the higher court.Gluchowski noted that there were several existing solutions to such disputes already, but argued that they aren’t effective. For example, enabling time-locked features on smart contracts isn’t suitable in emergency situations and introducing a security council can mitigate the problem, but won’t solve it, while carrying its own risks.Gluchowski said he and the team at zkSync — an Ethereum layer 2 scaling solution created by Matter Labs — will happily fund research into the proposal.Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. The proposed system would have an “Ethereum Supreme Court” — similar to the United States Supreme Court — as a final stop for parties to dispute smart contract issues. Disputes and emergency upgrades would be handled by a hierarchical system of on-chain courts, with the Ethereum layer-1 soft fork as the “Court of Final Appeal.” Every protocol would have its own governance with normal and emergency upgrade mechanisms, and would also designate a special contract which can trigger an appeal. Gluchowski noted that there were several existing solutions to such disputes already, but argued that they aren’t effective. The team at zkSync — an Ethereum layer 2 scaling solution created by Matter Labs — will happily fund research into the proposal.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 8 |
| People | JusticeDAO, Alex Gluchowski |
| Companies | CourtUnchained, JusticeDAO, Uniswap, Matter Labs, Ethereum |
| Currencies | Ethereum, Bitcoin |
| Securities | None |
