Optimism Upgrades its Layer 2 Network

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Optimism, a Layer 2 network built on the Ethereum platform, yesterday completed a scheduled upgrade, called Bedrock.

According to an explainer post, this upgrade included reduced transaction costs.

The process started shortly after 12 p.m. ET and was declared complete around 3 p.m. ET.

Most of the core functions had already returned to the network before 6 p.m. ET.

The Optimism Foundation, however, tweeted that the size of the archival data disk made the process take longer than anticipated.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.