Optimism’s Bedrock Upgrade to Proceed Stay in June
Ethereum Layer 2 scaling resolution Optimism has scheduled its Bedrock crimson meat up for June 6 at 16:00 UTC. The crimson meat up will require between two and 4 hours of downtime for the OP mainnet, the team acknowledged in a May possibly possibly possibly additionally simply 16 announcement.
Earlier than the Bedrock sequencer spins up, deposits and withdrawals will likely be paused and transactions on the vulnerable sequencer will no longer be licensed. Within the intervening time, ravishing contracts on the Layer 1 will likely be upgraded and an irregular issue transition applied to the Layer 2 chain.
The Optimism team expects the crimson meat as a lot as lift down usage prices deal, making the ecosystem extra accessible. In a March blog submit, the team acknowledged it estimates Bedrock to reduce abet protocol prices and security prices by 47% on the mainnet.
It’ll cease this by batching and compressing details, preserving completely predominant portions of metadata for L1 transactions and breaking down L2 transactions into channel frames.
“Cutting channels into frames lets us take care of very powerful L2 transactions by sending these transactions to the L1 in parallel, thus packing the corresponding L1 transaction as full as attainable,” explained Optimism.
The crimson meat up will further decrease the usage of Ethereum gasoline by casting off all execution gasoline and reducing L1 details prices to its theoretical minimum. When EIP-4844 is deployed on Ethereum, these prices may possibly well be brought down even further.
The team describes Bedrock as “the ideal crimson meat up ever released” on Optimism, seeing as it has fervent a total rewrite of all the rollup stack.
Optimism’s codebase has been adopted by Coinbase’s Layer 2 community Defective, which makes a a hit crimson meat up equally as crucial for Defective. Jesse Pollak, Coinbase protocol engineer, known as Bedrock a “pre-requisite” for the Defective mainnet.
Source credit : unchainedcrypto.com