Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March

The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism Foundation stated in its proposal, “The Bedrock upgrade is a major step towards a multi-chain future.” Optimism’s Bedrock Upgrade: Optimizing Transfer Fees and Improving Node Performance Optimism, the L2 Ethereum scaling solution, plans to upgrade its network in mid-March 2023 with a new ruleset change called Bedrock. On Feb. 1, 2023, the Optimism Foundation tweeted about the