The developers of the Base L2 network have made publicly available the Pessimism monitoring system, designed to increase the protection of OP Stack compatible and EVM protocols by “rapidly detecting and responding” to threats.
Introducing Pessimism, an open source monitoring system designed to enhance security of Base (as well as the broader OP Stack and Ethereal ecosystem) by quickly detecting and responding to a myriad of protocol threats https://t.co/erocaQOkbz
— Base 🛡️ (@BuildOnBase) September 19, 2023
According to the statement, Pessimism has monitored and secured the Base mainnet since launch.
The tool consists of three parts:
- ETL — a mechanism responsible for processing and transferring data in real time;
- “risk engine” – performs analysis and assesses the security of the information received;
- notification—distribution of notifications via external channels.
Pessimism is also capable of evaluating protocol performance by monitoring response time, throughput, and error rates. The function allows you to respond to potential faults in a timely manner.
The Base team encouraged the developer community to review Pessimism’s code on GitHub and suggest improvements of their own.
“Our vision is to provide a platform for diverse creative projects to thrive on an open and permissionless network. Pessimism allows us to use the best internal monitoring capabilities to protect this ecosystem,” Base representatives noted.
The developers placed great emphasis on ensuring the security of the OP Stack cross-chain bridge, since most of the assets blocked in Base are located there. According to DeFi Llama, the figure stands at $363.45 million at the time of writing.
Previously, Base surpassed Ethereum in the number of transactions per second at 12.93 TPS. This is the first time in history that the L2 network has overtaken the “mother” blockchain.
Let’s remember that in September, the Seashell team, in collaboration with a number of DeFi projects, launched a fork of the Aave v3 landing platform called Seamless Protocol on Base.
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