Upgrade to enhance Optimism with better performance and improved scalability
The highly anticipated Bedrock upgrade is on its way to Optimism Mainnet. With a smaller and more flexible codebase, Bedrock will make Optimism’s OP Stack even more secure, easier to maintain, and simpler for developers to work with. Keep reading to discover the potential benefits of this significant upgrade.
- Optimism experiences ecosystem growth
- What is Optimism Bedrock
- The Bedrock upgrade explained
- Prepares for a robust upgrade with Bedrock
Optimism experiences ecosystem growth
Optimism blockchain has been seeing significant ecosystem growth lately, with a rising number of projects choosing to build on its Layer-2 network. The DeFi sector has been particularly active on the network, with various DeFi protocols leveraging the scalability and low fees offered by Optimism.
The superstars of 7-day data growth on the Optimism network are PoolTogether and Superfluid. The former has recorded a remarkable UAW growth of 412.72% and a volume of $3.95 million, while Superfluid’s UAW grew by a staggering 19,196.88% to 12.35k.
Optimism has emerged as a top Layer-2 network for Ethereum users, and with the Bedrock upgrade, the network will unlock an even better experience with enhanced performance.
What is Optimism Bedrock
Bedrock brings a modular and futureproof codebase that is easier to maintain and update, as well as a number of other improvements, such as reduced gas costs and increased transaction throughput. The goal of Bedrock is to make the Optimism network more reliable, cost-effective, and user-friendly, thereby driving adoption and growth.
Coinbase recently announced they’re building the Base network on top of the OP Stack.
The Bedrock upgrade explained
The Bedrock upgrade is a proposed upgrade for the Optimism mainnet with goals to reduce the size and complexity of the Optimism codebase while increasing its security and flexibility.
The upgrade proposes several changes to the Optimism mainnet, including adopting a modular architecture, reusing existing Ethereum code to reduce the size and complexity of the Optimism codebase, and more.
Now let’s take a closer look at some specific improvements that we can expect.
Ethereum equivalence is in full compliance with the Ethereum yellow paper. This enables the existing Ethereum stack to integrate with L2 systems, and any L2 offering an EVM experience must meet this bar.
Ethereum equivalence is beneficial because it allows for easier integration with existing tools and node implementations, minimizes gas costs, and reduces the need for maintaining non-equivalent codebases.
Bedrock’s upcoming upgrade aims to be as close to 100% Ethereum equivalent as possible. This will allow for the benefits mentioned above and make it simple for all Ethereum protocol contributors to experiment on Optimism mainnet.
Optimism’s commitment to 1:1 equivalence with Ethereum enables it to act as a robust experimental platform for future projects and Ethereum Improvement Proposals (EIPs). Most importantly, it will empower Ethereum developers to test and innovate with the most Ethereum-equivalent L2 codebase available.
Ultimately, it leads to a more vibrant Web3 ecosystem, with greater potential for creativity and growth.
Bedrock brings modularity that enables easy swapping of different components in the OP Stack.
It prepares Optimism for the future, enabling support for multiple execution layer clients and allowing the rollup to have a more dynamic proof mechanism. Modularity enables flexibility, making Optimism’s architecture more adaptive to future developments in the Ethereum ecosystem.
Lattice’s recent release of OP Craft is an example of how leveraging Bedrock can enable custom rollup chains for specific purposes.
Prepare for a robust upgrade with Bedrock
Overall, the Optimism Bedrock upgrade is an important step forward for the Optimism network. Moreover, it will help improve the experience for Ethereum users looking for fast and cost-effective transactions.
Exciting times are ahead for Optimism as it prepares to migrate to Bedrock, pending approval of the upgrade proposal by the Token House. In addition, the team will release a series of deepdive content in the coming weeks, including several dev blog articles examining specific protocol improvements like reduced L1 data fees, multi-client support, and more.
In the meantime, those interested in all things Bedrock can check out the technical Bedrock explainer recently released in the Ethereum-Optimism Community Hub, and also learn more about recent developments in Optimism from the resources below.
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