OP Labs: The Fjord upgrade will go live on the OP mainnet on July 11th
OP Labs announced on Twitter that the Fjord upgrade will go live on the OP mainnet at 0:01 Singapore time on July 11. This upgrade will bring new features and reduce costs, including a 20-fold reduction in smart wallet key verification costs through RIP-7212 precompilation; developers can create smart wallet experiences without scale and cost constraints; more accurate pricing functions and more efficient Brotli batch compression, transaction costs will decrease by 5 to 15%; sequencer drift increases from 10 minutes to 30 minutes, etc.
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