Optimism Layer-2 Is Upgrading: Is This What Bulls Want?

Optimism Layer-2 Is Upgrading: Is This What Bulls Want?

Optimism, one of the most popular Ethereum layer-2 platforms, will release the Bedrock upgrade on June 6, 2023.

Optimism Upgrading Via Bedrock In Early June

The layer-2 provider on Ethereum says the release is “highly anticipated” by the community and will introduce some changes that make the protocol even more scalable, reducing transaction fees.

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As it is, Optimism offers an off-chain, general-purpose platform where users can deploy smart contracts and launch decentralized applications (DApps) in a low-cost, highly scalable, and secure environment.

Optimism uses roll-ups and bundles transactions before confirming them on the Ethereum mainnet. This move relieves the mainnet, helping reduce fees by re-routing demand to an off-chain solution.

According to Optimism, Bedrock will be a hard fork. It means validators will have to update

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