Optimism eyes major network upgrade called Bedrock in March

Quick Take

  • Ethereum Layer 2 Optimism is planning its first major upgrade Bedrock.
  • The upgrade will improve the network performance and Ethereum compatibility. 

The Ethereum Layer 2 network, Optimism, is aiming to release Bedrock, its first major upgrade this month, with the goal of enhancing network performance.

The upgrade, tentatively planned in March, will enable improvements in transaction costs, speeds, and compatibility with the Ethereum Virtual Machine. In addition to these performance enhancements, the upgrade will also create a foundation for future improvements, such as decentralizing sequencing — the part that collates the transactions together — and improving on-chain security. Sequencing allows the network to derive security from Ethereum.

The team at Optimism stated that the majority of users will not be impacted by the upgrade. However, users and projects that run full nodes will need to take action to prepare for the upgrade.

The team estimates that the upgrade to Bedrock will take less than four hours and will not require a network reset, also known as “regenesis.” Historic chain data will still be accessible after the upgrade, ensuring that users will not lose any important information. The Optimism Goerli testnet has already successfully upgraded to Bedrock.

What is Optimism?

Optimism is a Layer 2 scaling solution for Ethereum, designed to provide faster and cheaper transactions while maintaining the security and compatibility of the Ethereum mainnet.

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