{"id":79997,"date":"2023-06-09T17:39:34","date_gmt":"2023-06-09T14:39:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79997"},"modified":"2025-09-11T14:12:18","modified_gmt":"2025-09-11T11:12:18","slug":"bedrock-update-halves-fees-on-the-optimism-network","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bedrock-update-halves-fees-on-the-optimism-network\/","title":{"rendered":"Bedrock update halves fees on the Optimism network"},"content":{"rendered":"<p>The average transaction fee on the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2 networks<\/a> Optimism fell 56%, from $0.57 to $0.16, after the recent <a href=\"https:\/\/u1f987.com\/en\/news\/optimism-team-activates-bedrock-update\">Bedrock update<\/a>, according to the dashboard <a href=\"https:\/\/dune.com\/oplabspbc\/optimism-bedrock-migration-impact-dashboard\">Dune<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-09-v-17.36.48.webp\" alt=\"Snimok-ekrana-2023-06-09-v-17.36.48\" class=\"wp-image-208895\"\/><figcaption>Average gas fee in Optimism before and after the upgrade. Data: Dune.<\/figcaption><\/figure>\n<p>Over the past few days, users saved nearly $150,000 on gas fees.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe majority of the total transaction cost, about 86%, is attributed to the expected costs of sending data to [Ethereum],\u201d said The Block< a href=\"https:\/\/www.theblock.co\/post\/233949\/optimisms-bedrock-upgrade-has-already-saved-150000-in-transaction-fees\"> The Block<\/a> analytics in OP Labs Michael Silberling.<\/p>\n<\/blockquote>\n<p>According to him, the drop in Optimism fees is linked to the decline in gas prices on the mainnet. At the time of writing, the average Ethereum gas price stood at about 30 gwei.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-09-v-17.12.39.webp\" alt=\"Snimok-ekrana-2023-06-09-v-17.12.39\" class=\"wp-image-208896\"\/><figcaption>Average gas fee in Ethereum. Data: <a href=\"http:\/\/etherscan.io\">etherscan.io<\/a>.<\/figcaption><\/figure>\n<p>Currently, Optimism is one of the cheapest Layer 2 networks in terms of fees. In the L2Fees ranking, it is outrun only by Loopring and <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-06-09-v-17.27.37.webp\" alt=\"Snimok-ekrana-2023-06-09-v-17.27.37\" class=\"wp-image-208897\"\/><figcaption>Average fee in L2 networks. Data: <a href=\"http:\/\/l2fees.info\">l2fees.info<\/a>.<\/figcaption><\/figure>\n<p>According to data <a href=\"https:\/\/defillama.com\/chain\/Optimism?tvl=true\">Defi Llama<\/a>, total value locked in Optimism reaches $865.5 million.<\/p>\n<p>In May, the Worldcoin startup team <a href=\"https:\/\/u1f987.com\/en\/news\/sam-altmans-worldcoin-migrates-from-polygon-to-optimism\">announced the migration<\/a> of applications from the Polygon network to the Optimism ecosystem. The project led by OpenAI head Sam Altman began collaborating with L2 solution developers almost a year ago in developing the Ethereum Improvement Proposal \u2014 EIP-4844.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average transaction fee in the Optimism L2 network fell 56%, from $0.57 to $0.16, after the recent Bedrock update, according to the Dune dashboard.<\/p>\n","protected":false},"author":1,"featured_media":79998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,1362],"class_list":["post-79997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-optimism-op"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=79997"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79997\/revisions"}],"predecessor-version":[{"id":79999,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79997\/revisions\/79999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/79998"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=79997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=79997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=79997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}