“This is a big deal for OP mainnet,” Karl Floersch, CEO and co-founder of OP Labs, the company behind the blockchain, told CoinDesk this week in an interview., aims to improve the functionality of the chain by cutting deposit-confirmation times from 10 minutes to 1 minute, and lowers gas fees by 40%.18:50 UTC according to a tweet from the Optimism Foundation.
Bedrock also is supposed to improve proof modularity for its OP Stack, which is an open-source platform for developers where they can build customizable blockchains with Optimism. The improvements to the OP stack means that both validity proofs and fault proofs can be used. In addition, Bedrock has made Optimism into a multi-client ecosystem, meaning there would be at least two options for the client software used to run the network.
According to Floersch, this would make Optimism the first layer 2 to run on a multi-client ecosystem, which helps strengthen the blockchain by reducing possibilities of network downtime; if there’s a bug in one client software, then the blockchain can rely on the other users running the other client software to keep the blockchain live.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »