According to Odaily, OP Labs has announced that the Fjord upgrade will be launched on the OP Mainnet on July 11 at 0:01 Beijing time. This upgrade is expected to introduce new features and reduce costs. One of the key improvements includes a 20-fold reduction in the cost of smart wallet key verification through the pre-compilation of RIP-7212. This will allow developers to create smart wallet experiences without being constrained by scale and cost.
In addition, the upgrade will introduce more accurate pricing features and more efficient Brotli batch compression, which is expected to reduce transaction costs by 5 to 15%. The sequencer drift will also be increased from 10 minutes to 30 minutes. These enhancements are aimed at improving the overall user experience and efficiency of the platform. The Fjord upgrade is a significant step forward for OP Labs in their ongoing efforts to optimize their platform and provide better services to their users.