Multisig Monitoring Shifts from Individual Signers to System-Wide Functionality
Multisig Monitoring Shifts from Individual Signers to System-Wide Functionality
馃攽 Multisig Monitoring Reimagined
A new approach to multisig wallet monitoring has emerged, moving away from tracking individual signer activity.
The Problem with Individual Tracking
- Original system flagged backup signers who rarely participated
- Created unnecessary alerts for wallets that were still functional
The New Approach
- Focus shifted to overall multisig functionality rather than individual signer liveness
- System now asks: "Can the multisig still function as a whole?"
How the Liveness Module Works
- A trusted fallback (typically another multisig with enhanced security) issues challenges
- The multisig proves it's operational by executing a transaction
- If too many keys are lost and the multisig can't respond, the fallback mechanism activates to restore access
This streamlined method reduces false alarms while maintaining security oversight for multisig wallets.
Our first attempt tracked individual signer liveness. It worked, but it was annoying. Signers who rarely act but serve as backups kept getting flagged. So we flipped the question. Instead of "is each signer alive?" we asked: "can the multisig still function as a whole?"
Optimism Scaling Summit Convenes Industry Leaders in Denver
The **Optimism Scaling Summit** is taking place, bringing together leaders focused on scaling business innovation and onchain growth. The event features speakers from major organizations including: - Kraken - Celo - Alchemy - LayerZero - Morpho - Base - Flashbots - OP Labs Discussions cover key scaling topics: - Throughput improvements - Payment solutions - Privacy technology - Onchain entertainment The summit is being held live in Denver with worldwide streaming available. [Watch the broadcast](https://x.com/i/broadcasts/1mrGmBPEwaDJy)
Optimism Introduces Liveness Module for Enhanced Network Reliability
Optimism has announced the launch of its **liveness module**, a technical solution designed to improve network reliability and uptime. The module addresses critical infrastructure challenges in the Optimism network, though specific technical details are available in their [full blog post](https://www.optimism.io/blog/liveness-module). This development continues Optimism's focus on building robust scaling solutions for Ethereum. The team is actively [hiring](http://optimism.io/careers) engineers interested in solving similar technical problems. Developers can explore building on Optimism's infrastructure at [optimism.io](https://www.optimism.io/).
Security Tool Released as Open-Source Public Good
A critical security primitive has been released as open-source, removing proprietary barriers in the industry. **Key Points:** - The tool is now freely available for anyone to use, fork, or improve - Developers believe making security tools publicly accessible strengthens the entire industry - The release follows a philosophy of transparency over "security by obscurity" The move represents a shift toward collaborative security development, allowing the community to build upon and enhance the tool rather than keeping it behind closed doors.
Optimism Releases Open-Source Multisig Module After Spearbit Audit
Optimism has deployed a new open-source module for multisig operations, following a security audit by Spearbit. **Key Details:** - The module is now publicly available and open-source - Successfully audited by Spearbit security firm - Already in production use by Optimism's own multisig wallets - Built to address internal operational needs The team developed this tool to solve their own requirements before releasing it to the broader ecosystem. The module represents Optimism's continued investment in infrastructure tooling for Layer 2 operations.
New Liveness Module Solves Multisig Security Vulnerability
A new liveness module addresses a critical security gap in multisig wallets. The system works through a simple challenge-response mechanism: - A trusted fallback can challenge the multisig with "Are you still alive?" - The multisig must respond by executing a transaction - If too many keys are lost or compromised, the fallback takes control **Key Innovation:** The module cleverly handles malicious actors who block legitimate transactions while signing liveness proofs to appear active. The solution: honest signers simply don't respond to challenges, triggering the fallback mechanism automatically. This prevents scenarios where bad actors maintain control by appearing operational while blocking real transactions.