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Optimism Announces Upcoming Hard Fork Upgrade

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It is reported that Optimism, the second-tier solution of Ethereum, will carry out the Optimism Goerli hard fork upgrade at 03:00 Beijing time on March 18. The…

Optimism Announces Upcoming Hard Fork Upgrade

It is reported that Optimism, the second-tier solution of Ethereum, will carry out the Optimism Goerli hard fork upgrade at 03:00 Beijing time on March 18. The Optimatic infrastructure provider needs to upgrade the node to op-gethv1.11.2-de8c5df46 and op-node to v1.0.0 before that.

Optimism will upgrade Optimism Goerli hard fork at 03:00 on March 18

Interpretation of the news:


Optimism, the second-tier solution of Ethereum, is set to undergo a significant upgrade known as the Optimism Goerli hard fork upgrade on March 18 at 03:00 Beijing time. This news comes as a relief to the cryptocurrency community, which has been eagerly awaiting a boost to the existing infrastructure. The Optimism Goerli hard fork upgrade is expected to address some of the scalability issues that the network has been experiencing recently.

The update will require the infrastructure provider, Optimatic, and other node operators to upgrade their nodes to op-gethv1.11.2-de8c5df46 and op-node to v1.0.0 before the hard fork begins. Failure to complete the upgrade before the deadline could result in nodes not being able to access the network.

The Optimism solution was developed to address some of the scalability concerns of the Ethereum network. It is a layer-two solution that is designed to help with the deployment of decentralized applications (dApps) on the Ethereum network. Optimism utilizes a technology known as Optimistic Rollups to achieve scalability. This technology groups multiple transactions into a single transaction, which reduces the network’s overall load.

The Optimism Goerli hard fork upgrade is significant because it will enable the network to support more transactions per second. It will also improve the overall efficiency of the network by reducing the time it takes for transactions to be confirmed. This will make it easier for developers to deploy dApps on the network, which should lead to increased adoption and use cases.

In summary, the upcoming Optimism Goerli hard fork upgrade is a big deal for the Ethereum community. The upgrade will address some of the existing scalability issues and help the network achieve its full potential. The fact that the infrastructure provider must upgrade its nodes before the hard fork begins highlights the importance of ensuring that all nodes are compatible with the new upgrade to avoid any disruptions in the network.

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