Ethereum Completes Network Upgrade Lowering Layer-2 Fees
Ethereum core developers have activated a scheduled network upgrade aimed at reducing the cost of data availability for layer-2 rollups. By making it cheaper to post compressed transaction data to the main chain, the upgrade allows rollups to offer lower fees to end users. Several major layer-2 networks reported reduced costs shortly after activation. Developers emphasise that the change improves throughput and affordability while preserving Ethereum’s underlying security guarantees.
Key Takeaways
- The upgrade cuts data costs for layer-2 rollups.
- Several rollups passed savings on as lower fees.
- Ethereum’s security model is unchanged.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Saylor Says ‘Bitcoin Doesn’t Need CLARITY’ as Senate Delays Vote
Michael Saylor said Bitcoin can advance without the CLARITY Act while urging the United States to establish clearer digital asset rules. The comments came as lawmakers pushed a potential Senate vote on the crypto market structure bill to September. Saylor…
Bitcoin holders risk losing real BTC if they sell coins from BIP-110 fork, says developer
If a minority chain appears this weekend, buyers could replay signed fork-coin sales on bitcoin itself, making doing nothing the safest move until the chains can be separated.
Lummis Warns US Crypto Rules Remain Broken as CLARITY Fight Stalls
U.S. Senator Cynthia Lummis is renewing her push for the CLARITY Act as Senate action stalls. The legislation would establish digital asset market rules, strengthen customer protections, and give federal authorities clearer enforcement powers. Lummis Renews…