Layer-2 scaling solution Optimismwill roll out the much-anticipated Bedrock upgrade on June 6th.
This highly anticipated upgrade will deliver a number of network-wide improvements. The Bedrock update will significantly reduce transaction fees, provide greater network security, and EthereumIt is expected to increase compatibility with
Bedrock Update Will Bring Many New Features to the Network
The Optimism team announced on Twitter on May 15 that the network June 6He stated that it will remain closed for two to four hours in .
Announced in May of 2022 bedrock It represents the first major network upgrade voted by the Token House of the Optimism governance council. Optimism, the protocol development unit of the network OP LabsIt is planned to benefit from 47 percent lower transaction fees than estimates of .
In a statement from the Optimism community regarding the update: “Bedrock reduces transaction fees through Ethereum as an optimized layer of bulk compression and data availability. It handles Layer-1 reorganizations more elegantly, reducing the delays to include these operations in the totals.”
In addition, deposit times on the network will also be shortened, reducing the time it takes for Optimism to confirm a deposit from around 10 minutes to just three minutes. Another important development is that the network is the core piece of software that runs Ethereum smart contracts. Ethereum Virtual MachineIt will be about (EVM) compatibility.
With Bedrock, the network will remove multiple aberrations from Ethereum and EVM such as different code, design patterns, and transaction-per-block models currently available with Optimism.
