TL;DR
- The Delta upgrade has dramatically reduced fees on Optimism chains, including OP Mainnet, Base, and Zora Network.
- The introduction of Span Batches has allowed the consolidation of Layer 2 blocks into a single batch, resulting in a significant reduction in data transmission on the Ethereum network and contributing to the decrease in fees on Optimism chains.
- The implementation of the Delta hard fork has strengthened OP’s position as a leader in fee reduction and efficiency improvement in blockchains.
The recent Delta hard fork in the Optimism ecosystem has brought about significant changes that are positively impacting fees and efficiency on OP chains. This important technical change, driven by OP Labs, has successfully reduced fees on chains, including OP Mainnet, Base, and Zora Network.
One of the standout features of this hard fork is the introduction of Span Batches, an innovation that allows the consolidation of consecutive Layer 2 blocks into a single batch. This consolidation has resulted in a substantial reduction in data transmission on the Ethereum network, directly contributing to the decrease in fees on OP chains.
The Delta upgrade slashed OP Chain fixed operating costs by over 90%.
In this blog post, @testinprod_io recaps how they built the first critical hardfork built as OP Stack core devs:https://t.co/el5bBlI6N0
— OP Labs (@OPLabsPBC) February 29, 2024
The results obtained after the implementation of the Delta hard fork have been impressive. A reduction of up to 90% in Layer 1 fees has been recorded, representing an incredible achievement in the development of this technology. This decrease in fixed costs has had a positive impact on the profitability of operations on OP chains, resulting in an increase in net profits for operators.
Thanks to Delta’s Fee Impact, More Developers Are Expected to Seek Integration with Optimism
The development and implementation of the Delta hard fork have not been simple tasks. It required meticulous work by the development team, led by OP Labs, as well as support and collaboration from the Optimism community and other key developers. However, the result has been worth it, as this hard fork has strengthened OP’s position as a leader in fee reduction and efficiency improvement in blockchains.
In addition to the direct benefits in terms of fee reduction, the Delta hard fork has also paved the way for greater adoption of the OP stack. By alleviating fee burdens for operators, it is expected that more developers and projects will find the Optimism infrastructure attractive and decide to integrate their applications into this ecosystem.
The Delta hard fork has been a crucial step in the development of Optimism and its goal of addressing scalability challenges in blockchain networks. With a significant reduction in fees and an improvement in OP’s efficiency, this technical change has laid the groundwork for a more promising future for cryptocurrencies and decentralized applications.
