Optimism Schedule To Upgrade Optimism Bedrock On June 6, 2023. Optimism Bedrock Will Reduce Transaction Fees By 47%.

      Optimism (✨🔴_🔴✨) on Twitter

Optimism is schedule to upgrade Optimism Bedrock on June 6, 2023 at 16:00 UTC. Optimism mainnet will be downtime for 2-4 hours during the upgrade. Transactions, deposits, and withdrawal will be temporarily halt during the downtime. Optimism Bedrock will reduce transaction fees on Optimism mainnet by 47%.  

     OP Labs on Twitter

Optimism Bedrock will reduce transaction cost by 47%. In addition, it will also improve security on Optimism network.The Bedrock upgrade will introduce a new two-step withdrawal process to the Optimism Mainnet bridge that will improve its security. As a result, making exploits much more difficult.