After a lengthy period of trial and error and has been functioning on mainnet for a while, finally, the launch of the DAO governance is carried out for the Arbitrum One as well as the Arbitrum Nova network. This is being looked upon as a giant step toward decentralizing both networks. With this, the next phase of the Arbitrum will be in the hands of the DAO community.
The initial stage in producing Arbitrum is a secure update of Ethereum. To construct a secure and decentralized L2, it must eliminate all centralized points of chain control, allowing it to operate without trust. The chain must function without the need for centralized actors, which necessitates the development of core technologies. The primary consideration, in this case, is the fraud evidence. Proofs of arbitrary fraud are required for both security and decentralization.
(By Trevor Holman)
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