Optimism’s Main Network Bedlock Upgrade: A Progress Update

On April 26th, OP Labs released an update on the progress of Optimism’s main network Bedlock upgrade on Twitter, stating that in previous proposals, several standards must be met before upgrading: 1 Successfully implemented the improvements identified during the first SHERLOCK audit; 2. Subsequent audits to test the first wave of improvements; 3. Three smooth internal migration rehearsals; 4. Two weeks of consensus reached on the stability of the testing network+function freeze release. 5。 Announcement of the upgrade date of the OP main network, with 3 weeks’ notice in advance. At present, Bedlock upgrade arrangements have reached standards 1 and 2, and internal migration drills have been planned and executed. OP Labs reminds again that no specific date has been set for this upgrade.

OP Labs: Started planning and executing internal migration drills related to Bedlock upgrade

Optimism is a layer 2 scaling solution for Ethereum that uses optimistic rollups to process transactions off-chain, enabling faster and cheaper transactions. Optimism’s main network, which went live in March 2021, has seen increasing adoption in recent months. However, to maintain its efficiency and scalability, the network requires regular upgrades. On April 26th, OP Labs, the development team behind Optimism, released an update on the progress of Bedlock upgrade, which aims to enhance the network’s security and performance.

Bedlock Upgrade: What is it?

Bedlock upgrade is the third major upgrade to Optimism’s main network, following the launch of the network and the rollout of Stationary Bandit upgrade. The Bedlock upgrade aims to improve the network’s security and performance by implementing several key improvements.

Progress Update

According to OP Labs’ Twitter update, there are several standards that must be met before upgrading the Optimism main network:
1. Successfully implemented the improvements identified during the first SHERLOCK audit.
2. Subsequent audits to test the first wave of improvements.
3. Three smooth internal migration rehearsals.
4. Two weeks of consensus reached on the stability of the testing network + function freeze release.
5. Announcement of the upgrade date of the OP main network, with 3 weeks’ notice in advance.
At present, Bedlock upgrade arrangements have reached standards 1 and 2. The first wave of improvements identified during the SHERLOCK audit has been successfully implemented, and subsequent audits to test these improvements have been completed.
Internal migration drills have also been planned and executed to ensure a smooth migration process. This process involves moving user funds from the old version of the Optimism main network to the new version. Three rehearsals are required to ensure that the migration process is error-free.
OP Labs reminds again that no specific date has been set for this upgrade. It is important to note that the upgrade process can take several days, during which time the Optimism main network will be unavailable.

The Benefits of Bedlock Upgrade

Bedlock upgrade is a significant milestone in the development of Optimism’s scalability solution. The key improvements that will be implemented during the upgrade include:
1. Increased security by implementing new fraud proof mechanisms.
2. Enhanced performance by enabling the processing of more transactions per second.
3. Improved usability by making the network more user-friendly and accessible.

Conclusion

The Bedlock upgrade is an essential step towards the advancement of the Optimism network. Once completed, it will enhance the network’s performance and security, making it more efficient and user-friendly.

FAQs

Q: What is Optimism?
A: Optimism is a layer 2 scaling solution for Ethereum that uses optimistic rollups to process transactions off-chain, enabling faster and cheaper transactions.
Q: When will the Bedlock upgrade take place?
A: No specific date has been set for the Bedlock upgrade. However, OP Labs has announced that they will provide 3 weeks’ notice in advance of the upgrade.
Q: What are the benefits of the Bedlock upgrade?
A: The Bedlock upgrade will enhance the network’s security, performance, and usability by implementing new fraud proof mechanisms and enabling the processing of more transactions per second, making it more efficient and user-friendly.