News with the tag "Bedrock upgrade"

Sequencers creating and submitting compressed summaries of transactions on Optimism and Arbitrum to the Ethereum mainnet have seen their revenue grow in the last year due to increased L2 adoption.

Optimism's Bedrock upgrade has revolutionized the platform, attracting users, boosting TVL, and propelling it closer to its Superchain vision.

The Optimism Bedrock marks a significant milestone in the network’s evolution. This groundbreaking upgrade, successfully launched on June 7, ushers in a plethora of major advancements, most notably an impressive reduction in network costs. By implementing a so-called optimized batch compression and ...

Optimism is gearing up for its eventual mainnet upgrade next week. This upgrade will offer lower protocol and security fees for users on the platform. This led to the ecosystem’s governance token, OP, enjoying an increase in price, albeit a modest 3.7% in the past 24 hours. This price movement only ...

Bedrock will improve the security and resilience of the Optimism bridge, among other things. Continue reading at DailyCoin.

The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in the layer 2 space has been heating up.

The much needed upgrade will provide a number of improvements across the network, and come at a time when competition in the Layer 2 space has been heating up.