According to a statement from network developer OP Labs, the “Bedrock” upgrade of the Optimism network was completed on June 7th. This upgrade effectively reduced deposit times, decreased layer-1 fees and implemented supplementary security features. The network developer has indicated that this upgrade is part of a larger set of reforms aimed at establishing a “Superchain” of scalable Web3 networks, utilizing Optimism’s OP Stack software.
During a discussion with Cointelegraph, Karl Floersch, the CEO of OP Labs, asserted that Bedrock incorporates various gas optimizations that the team identified. These optimizations have resulted in a 40% reduction in data availability fees on the Ethereum network. As a result, the users can now benefit from lower gas fees on Optimism.
Furthermore, the upgrade has facilitated the network to identify chain reorganizations (reorgs) on Ethereum, and accurately display these reorgs in the user’s Optimism balance. As a result, the deposit time has been significantly reduced to one minute. Previously, the deposit process from Ethereum to Optimism typically took around 10 minutes due to the requirement of gaining finality on L1.
Bedrock has also introduced a two-step withdrawal process aimed at mitigating bridge exploits.
Apart from the aforementioned modifications, the latest upgrade sets the stage for the future development of the OP Stack, with the overarching objective of constructing a multi-network “Superchain,” as per Floersch. This Superchain incorporates “modular proof systems” that enable developers to devise and personalize their blockchain networks. Additionally, the software’s validator component, named “op-geth,” comprises less than 1,000 lines of code that differ from Ethereum’s version, making it potentially effortless for validators to switch to.
oinbase">Coinbase’s Base network disclosed on February 23 that it would join the Superchain. On May 24, the network unveiled a roadmap outlining its strategy for the mainnet launch.
