{"id":26995,"date":"2024-03-01T08:16:11","date_gmt":"2024-03-01T08:16:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/delta-hard-fork-results-in-90-fee-reductions-across-optimism-ecosystem-chains\/"},"modified":"2024-03-01T08:16:11","modified_gmt":"2024-03-01T08:16:11","slug":"delta-hard-fork-results-in-90-fee-reductions-across-optimism-ecosystem-chains","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/delta-hard-fork-results-in-90-fee-reductions-across-optimism-ecosystem-chains\/","title":{"rendered":"Delta hard fork results in 90% fee reductions across Optimism ecosystem chains"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/1709279838738-44accb97-4149-4680-9d3e-52a6f5944c19-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/1709279838738-44accb97-4149-4680-9d3e-52a6f5944c19-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/1709279838738-44accb97-4149-4680-9d3e-52a6f5944c19-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/1709279838738-44accb97-4149-4680-9d3e-52a6f5944c19-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Delta hard fork slashes Layer 1 fees across Optimism chains by up to 90%.<\/li>\n<li>Introduction of Span Batches consolidates Layer 2 blocks, reducing data transmission.<\/li>\n<li>OP Labs aims to ease the adoption of OP Stack by alleviating fee burdens for operators.<\/li>\n<\/ul>\n<p>Last week, the Optimism ecosystem witnessed a transformative shift with the deployment of the Delta hard fork across various chains, including OP Mainnet, Base, and Zora.<\/p>\n<p>This technical upgrade, designed to slash Layer 1 fees, has surpassed expectations, marking a significant milestone for Optimism and its community.<\/p>\n<h2>A 90% decrease in fixed overhead costs<\/h2>\n<p>The Delta hard fork, spearheaded by OP Labs, the core developer behind Optimism, showcased remarkable efficacy in reducing fixed overhead costs associated with Layer 1 fees. Zora-sepolia\u2019s data revealed a staggering 90% decrease in costs, leading to a substantial boost in revenue collection by Zora.<\/p>\n<p>The key driver behind this achievement is the introduction of Span Batches, a pivotal feature embedded in the Delta upgrade. This innovative addition allows the consolidation of consecutive Layer 2 blocks into a single batch, significantly reducing the volume of data transmitted to <a href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum<\/a>.<\/p>\n<p>Developed by Test in Prod with initial contributions from researcher Protolambda, Span Batches delivered on its promise, slashing L1 fees by 6% to 11% for more active chains and exceeding 90% for less active ones.<\/p>\n<p>Optimism, with its Superchain comprising Layer 2 chains utilizing optimistic rollups, has positioned itself as a frontrunner in reducing transaction costs for decentralized applications (dapps). Governed by the Optimism Collective, this ecosystem has now received a formidable boost from the Delta hard fork.<\/p>\n<h2>Alleviating fee burdens for chain operators<\/h2>\n<p>The Delta hard fork is not merely a technological upgrade but a strategic move to make the adoption of the OP Stack more accessible by alleviating fee burdens for all chain operators.<\/p>\n<p>OP Labs expresses confidence in <a href=\"https:\/\/blog.oplabs.co\/span-batches\/\">a blog post<\/a> that this enhancement will ease the integration of the OP Stack, fostering a more seamless experience for operators within the Optimism ecosystem.<\/p>\n<p>As the Superchain continues to evolve and adapt, the Delta hard fork\u2019s resounding success echoes a promising future for Optimism.<\/p>\n<p>The reduction in fixed overhead costs not only enhances the economic viability of the ecosystem but also positions Optimism as a leader in addressing the scalability challenges faced by blockchain networks.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/delta-hard-fork-results-in-90-fee-reductions-across-optimism-ecosystem-chains\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Delta hard fork slashes Layer 1 fees across Optimism chains by up to 90%. Introduction of Span Batches consolidates Layer 2 blocks, reducing data transmission. OP Labs aims to ease the adoption of OP Stack by alleviating fee burdens for operators. Last week, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":26996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26995"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26995"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26996"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}