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Optimism: Canyon hard fork has been activated on the testnet

Optimism: Canyon hard fork has been activated on the testnet

Cointime2023/11/15 00:00
By: Cointime
OP+4.35%

According to official sources on November 15th, Optimism announced that the Canyon hard fork has been successfully activated on the test network. The Canyon upgrade includes support for the Shanghai and Capella hard forks, as well as some minor bug fixes. Canyon also made specific adjustments to the OP Stack. This upgrade will increase the denominator of EIP-1559 from 50 to 250, in order to reduce the speed at which the block basefee rises when the gas target is exceeded. Users will not be affected by this test network upgrade. Node operators will need to upgrade their nodes after the Canyon upgrade.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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