The revolutionary Layer 2 solution Optimism is preparing to roll out its long-awaited update called Bedrock. This major evolution, announced a month ago, aims to reduce costs and strengthen security on the platform dedicated to Ethereum.
On Monday, the Optimism Foundation confirmed that the update would be deployed as scheduled, on Tuesday June 6 at 5 p.m. No delays are therefore to be expected.
“At 16:00 UTC tomorrow, OP Mainnet will migrate to Bedrock! The upgrade requires 2-4 hours of downtime for OP Mainnet,” the foundation tweeted yesterday.
The foundation also announced that regular updates would be published on its status page throughout the migration, informing users of the key milestones reached.
Although Bedrock is presented as a “complete re-architecture” of the OP stack, aiming to reduce protocol costs and mainnet security charges by up to 47%, the foundation warned that increased traffic after the upgrade could result in “temporarily high” charges.
In addition to reducing fees, Bedrock also aims to improve Optimism’s security and resilience through a new retirement process, while enabling the transition to a multi-client ecosystem for the Layer 2 solution.
According to data provided by Defillama, the total value locked (TVL) on Optimism currently stands at $865 million, demonstrating the growing popularity of this enhanced Ethereum platform.
Bedrock’s deployment marks an important milestone in Optimism’s evolution, and paves the way for a future where Ethereum can benefit from increased scalability and faster, cheaper transactions. Users can therefore look forward to the improvements brought by this major update.
