Ethereum’s second-layer scalability solution Optimism, completed its most important upgrade to date on June 6. It is the hard fork Bedrock, which will reduce gas costs by 40%.
A post shared by Optimism’s team of developers provides details about this update. One of the most important ones has to do with the reduction of the gas required to operate with the rollup, which will drop by almost half, according to their estimates.
Thus, Optimism will be even cheaper than it already was compared to Ethereum’s main network. Rollups, precisely, are second-layer scalability solutions that bundle many transactions to bring them all together to the mainnet, so they save on fees.
Bedrock is a hard fork of the main Optimism network. This means that nodes on the network must be upgraded; otherwise they will no longer be able to run Optimism clients and synchronize with the network.
The execution of the upgrade caused Optimism to stop processing transactions for a few hours. During this time, deposits, withdrawals and transactions in general were paused. This event was originally scheduled for March, but was postponed for more than two months.
Further news on Optimism
Other innovations that Bedrock is bringing to Optimism relate, for example, to the number of clients. By accepting two clients for nodes to run and thus connect to the network, it becomes “the first” multi-client rollup on Ethereum, according to the developers’ statement.
This contributes to decentralization and resistance to network censorship and is an aspect that was brought to Ethereum’s attention in the past.
On the other hand, deposit confirmation times are also reduced from 10 minutes to 5 confirmed blocks on the mainnet (approximately 1 minute). In this way, Optimism will allow users using its rollup to have their funds much faster after their transactions are confirmed, implying that these are already confirmed and immutable.
Ultimately, Bedrock is also looking to improve testing for OP Stack, the open source developer platform on Optimism. These enhancements will mean that both validity testing and bug testing can be used when building applications on the Optimism network.
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