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@optimism
🚨 FAULT PROOFS & STAGE 1 HAVE ARRIVED 🚨 Open source, permissionless fault proofs are live on OP Mainnet, and with them the OP Stack arrives at Stage 1 decentralization. This is a major step forward for the Superchain!
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Permissionless fault proofs allow anyone to: • Withdraw ETH and ERC-20 tokens from an OP Stack Chain to L1 without the need to involve a trusted third party   • Contribute to Superchain security themselves by challenging invalid withdrawals  Learn more: https://shorturl.at/5dwhH
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While participation in the Fault Proof System is permissionless, as part of a responsible & safe rollout the Security Council retains the power to revert to a permissioned state in the event of a system failure. This approach meets @L2Beat’s industry-standard Stage 1 definition.
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The Fault Proof System was built and tested by many teams including OP labs, @Base, @a16zcrypto, Testinprod, and the OG George Hotz. We’re also appreciative of auditors and the community for their reviews. A collaborative approach has made today’s launch possible 🙏
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Looking ahead, we must progress beyond Stage 1.  Stage 2 👀
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Proud supporter of $OP. Bravo team and devs. Never doubted you!!
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