The gas fees will be reduced by 10x on March 18, according to Arbitrum developers.
Offchain Labs has released an updated version of ArbOS (also known as Atlas). The team at Offchain Labs have implemented an update for ArbOS (also known as Atlas). upgrade Support for large binary objects (blobs), designed to reduce costs when transferring data between Layer 2 and Layer 3, will be added. Ethereum mainnet.
It is important to note that the word “you” means “you”. Arbitrum Atlas was supported by the community, and most of the modifications were implemented in the framework. upgrade Day before. Representatives of Offchain Labs expect a tenfold reduction in the average value of the base commission—from 0.1 Gwei to 0.01 Gwei. The user will pay approximately $0.05 for an operation which previously cost $0.5.
Other layer-2 networks OptimismThen, BaseGas efficiency has been significantly increased since the Dencun upgrade went live. The gas fees for the Base Protocol dropped immediately from $0.31 down to $0.0005.
According to L2Fees, the transaction cost in Optimism has been reduced to $0.01 or less.
Dencun has been activated in the Arbitrum network. The updated commissions were posted on 13th March. Ethereum mainnet. mainnet. upgrade EIP 4844 is a component designed to help scale the network. It creates a brand new transaction type called a “blob”. The new update will reduce costs of layer-2 operation by 10 times and dramatically increase Ethereum throughput.
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Source: crypto.news