OP Labs: The Fjord upgrade will go live on the OP mainnet on July 11

2024-06-28 10:52:58
Collection

ChainCatcher news, OP Labs stated on social media that the Fjord upgrade will go live on the OP mainnet at 00:01 Beijing time on July 11.

It is reported that this upgrade will bring new features and reduce costs, including a 20-fold reduction in smart wallet key verification costs through the RIP-7212 precompile; developers can create smart wallet experiences without limitations on scale and cost; more accurate pricing features and more efficient Brotli batch compression, reducing transaction costs by 5 to 15%; and the sequencer drift increasing from 10 minutes to 30 minutes, etc.

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