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
XRP Ledger Transactions Cross 3 Billion In Network Milestone
The XRP Ledger has crossed 3 billion cumulative transactions, giving the network another long-term usage milestone at a time when on-chain activity is once a...
Crypto Bettors Give Democrats 51% Odds to Sweep the Midterms
Polymarket bettors now favor Democrats to sweep Congress as Trump's approval sinks and gas prices hit record highs. The post Crypto Bettors Give Democrats 51% Odds to Sweep the Midterms appeared first on BeInCrypto.
$2.7 million poured into Robinhood Chain apps in one day, but it barely touches corporate revenue
Apps captured the headline revenue while Robinhood’s disclosed fee split offers no bridge to its corporate accounts. The post $2.7 million poured into Robinhood Chain apps in one day, but it barely touches corporate revenue appeared first on CryptoSlate.