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<a href="https://bitcoinworld.co.in/delta-hardfork-triggered-significant-fees-reductions-on-optimism-based-layer-2-chains/" title="Delta Hardfork Triggered Significant Fees Reductions On Optimism-Based Layer-2 Chains" rel="nofollow"></a>
The Delta hardfork, deployed across Optimism-based layer-2 chains like Optimism Mainnet, Zora and Base last week, has successfully reduced fees as anticipated, <a href="https://blog.oplabs.co/span-batches/">according</a> to OP Labs, the project’s core developer. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The Delta upgrade slashed OP Chain fixed operating costs by over 90%. 
 In this blog post, <a href="https://twitter.com/testinprod_io?ref_src=twsrc%5Etfw">@testinprod_io</a> recaps how they built the first critical hardfork built as OP Stack core devs:<a href="https://t.co/el5bBlI6N0">https://t.co/el5bBlI6N0</a> 
 — OP Labs (@OPLabsPBC) <a href="https://twitter.com/OPLabsPBC/status/1763323031374749713?ref_src=twsrc%5Etfw">February 29, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
This update focused on minimizing layer-1 fees incurred by chain operators.&nbsp; 
Initial projections suggested significant reductions, and Zora data indeed shows a 90% decrease in fixed overhead costs after the upgrade.&nbsp; 
This translates to increased revenue for Zora, highlighting the potential benefits of the Delta fork. 
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“We expect this upgrade to significantly ease adoption of the OP Stack by reducing the fee burden for all chain operators,” <a href="https://twitter.com/OPLabsPBC/status/1763323031374749713">stated</a> OP Labs. 
A key element of the Delta upgrade, “Span Batches,” consolidates multiple layer-2 blocks into one single batch for transmission to the Ethereum mainnet.&nbsp; 
This reduces the amount of data requiring transfer, consequently lowering fees.&nbsp; 
Pre-implementation estimates projected a fee decrease of 6-11% for active chains and over 90% for less active ones, and these estimates appear to have been accurate. 
Optimism, which utilizes optimistic rollups to achieve lower transaction costs for decentralized applications (dApps), operates as a network of layer-2 chains known collectively as the Superchain.&nbsp; 
This ecosystem is governed by the Optimism Collective, a decentralized autonomous organization (DAO). 
<blockquote>
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</blockquote> 
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The post <a href="https://bitcoinworld.co.in/delta-hardfork-triggered-significant-fees-reductions-on-optimism-based-layer-2-chains/">Delta Hardfork Triggered Significant Fees Reductions On Optimism-Based Layer-2 Chains</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Delta Hardfork Triggered Significant Fees Reductions On Optimism-Based Layer-2 Chains

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