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Optimism gas fees. 000000001 ETH). Apr 1, 2022 · This mechanism used on Ethereum is similar to EIP-1559. To send transactions on Optimism, you will need a sufficient Optimistic ETH balance. The L2 execution fee as well as the L1 security fee. hence why lrc is also gana put there contract on arbitrum making the zk rollup even better and faster. Jul 22, 2022 · The Ethereum network has a long history of congestion issues that have often led to high gas fees. Ethereum Compatibility: It ensures compatibility with existing Ethereum smart contracts and DApps. A fee is made of roll-up costs or the cost of rolling up transactions into batches and Layer 2 execution costs. Mar 18, 2022 · According to a blog post from Optimism, the layer 2 (L2) solution has saved users of the Ethereum network over $1 billion in gas fees. Since the Ethereum mainnet will have to record less transaction data, one of Optimism’s externalities is a less clogged Ethereum. 002 oETH by bridging at least 1,500 USDC to a new wallet on Optimism! We support Optimism Gateway, O3 Swap, cBridge, and Hop Exchange. . Optimism has the capacity to process up to 2,000 transactions per second. Users incur these fees when interacting with decentralized applications (DApps) on the Optimism Layer 2 chain. 007 USD. As the Ethereum blockchain has grown in popularity and usage, it’s become clear that the network’s sluggish speeds and extortionate gas fees are ill-equipped for crypto mass adoption. Mar 25, 2024 · Lower Gas Fees: Gas fees, the cost of processing transactions on the Ethereum network, can be a major pain point for users. zks are instant, where as optimistic roll ups have stupid long wait times ( only to off board. Gas Fee 12h. 26 votes, 44 comments. This gas fee is for the optimism chain, and after paying that, you still need to pay another gas fee to initiate the transaction, depending on the gas fee congestion at that moment. g. Note: These comparisons are calculated based on current network congestion (ie: current gas price). 0. Gas costs are fees paid to Ethereum miners for executing transactions on the blockchain. Think of it like Uber’s surge pricing model that increases the cost of booking a ride during the busiest commuting times. Gas prices and the gas used in transactions can impact fees. Mar 14, 2024 · With the implementation of EIP-4844, gas fees for transactions on platforms like Arbitrum, Base and Optimism are expected to decrease dramatically. Previously, Optimism’s fees were around $0. Question #2 is Mar 12, 2024 · What is the Optimism Network? Optimism is the first Layer 2 or L2 blockchain based on optimistic rollup technology. Stargate Finance If you were used to paying $10 on gas fees on the ETH network, you would appreciate the Optimism network more, as you would spend less than $0. 2 days ago · Historical Average Gas Price. 58 to This fee structure ensures fast and reliable asset transfer and protects the interests of market makers. Jul 11, 2023 · Optimism Edge Case. ‍ Pros & Cons of building on Arbitrum: ‍ Jun 10, 2022 · Imagine rolling up 100 transactions into one and only having to pay the gas fees of one transaction? This is what optimism does, meaning 100 people theoretically share the cost of a single Optimism Gas Fees. 3. Chain operator will be taking user fees in the custom gas token and spending in ether. Estimate the max fee per gas. You can estimate the L1 data fee with the estimateL1GasCost (opens in a new tab) function. Under the hood, this function is estimating the amount of Ethereum gas required to publish this transaction on Ethereum and multiplying it by the current Ethereum gas price (as tracked by the L2). Since each bundle contains many transactions, the gas fee can be distributed among several users. GasNow Blockchain Real-time Gas Fee Tracker Blockchain ecosystem analytics by and for the community. Jan 29, 2024 · Bridge fees: OKX Swap serves as a bridge and swap aggregator, with the bridge charging a small fee for facilitating the bridging process. Sep 14, 2021 · Optimism. This blog post offers an in-depth comparison of four popular Ethereum Layer 2 rollup solutions: Optimism, Arbitrum, Polygon zkEVM, and zkSync. Mar 12, 2024 · According to data from IntoTheBlock, a simple swap on Arbitrum cost an average of 2. 28, Base will be reduced from $0. And when it comes to Ethereum gas fee charts, we have two that we like to watch closely: 1/ The line chart at the top details gas prices over the last week: This ETH gas fee chart can be effective for seeing how busy Ethereum’s Sep 3, 2023 · Optimism is an Ethereum Layer-2 scaling solution that aims to make Vitalik Buterin’s blockchain faster, affordable, and ultimately more accessible. Historical Average Gas Price. On Optimism, the amount was 1. The L2 fee represents the actual execution of the transaction while the L1 fee is used to pay a portion of the L1 Why is one of transaction’s gas fees so much higher than the rest?¶ A known issue that can cause irregularly high gas prices in opBNB transactions could be due to a high L1 gas price which is calculated by averaging block transaction gas prices using the formula: (Txn Fee = Gas Price * Gas + L1 Gas Price * L1 Gas Used * L1 Fee Scalar). SQL query. It covers each solution's features, pros, and cons, as well as a side-by-side comparison of their scalability, security, and smart contract compatibility. 016$, according to Bitbond. 27 Mar 18, 2024 · ArbOS optimizes gas usage and transaction execution by taking advantage of the AVM’s ability to process transactions in parallel, leading to reduced costs and increased throughput. Optimism gas fees are transaction costs on the Optimistic Ethereum network. For instance, the gas fee congestion states I pay an extra $8. 005 - 0. Best Base What impacts gas fees and how are they calculated? Gas fees increase when more people use applications that run on top of a blockchain’s network. Compatibility: The ability to bridge assets between Ethereum and Arbitrum allows users to tap into the benefits of both networks. It resides atop the Ethereum mainnet, offering a solution to alleviate congestion and high gas fees. Arbitrum allows for 40,000 transactions per second, with gas fees ranging between 0. 011$ and 0. The main technical difference between the two chains is that Optimism uses single-round fraud proofs while Arbitrum uses multi-round fraud proofs. Mar 11, 2024 · With that said, in setting the gas fee there are two variables to keep in mind. 42 dollars. Here's everything you need to know. Trading Terminal; Multichain gas price fee tracker API for BSC, Polygon, Fantom, Avalanche, Ethereum, Moonriver, Cronos, Harmony, Celo, Heco, Fuse, Base, Arbitrum, Optimism, Goerli Developed by Perpetual Protocol, a dApp built on the Optimism network, the Optimism ETH faucet helps users get started using Optimism with just one transaction. Gas Fee 24h. On the other hand, ZKSync and Loopring, while less mature in terms of development, offer even lower gas fees than Arbitrum and Optimism. Get started on your web3 Gas Snapshot Price at 9/4/2024 1:53:52 AM UTC - Low: 2. Mar 12, 2024 · This paves the way for significantly lower gas fees on Ethereum's layer 2 (L2) networks. The total cost of a transaction is the sum of these two fees. plus Chain Operator Configurations. This way the Optimism protocol makes use of the Ethereum consensus while, at the same time, offering developers and users, significantly reduced gas fees and faster transactions. The Optimism Network is one of the most successful Ethereum layer 2 chains, with a very successful airdrop of its native token called Optimism (OP), which can be traded on centralized Jul 13, 2021 · Additional demand will drive gas costs higher — for more details, check out Optimism's blog post. Get 0. Most public blockchains denominate these transaction fees in their native currency. As stated by the Optimism team, to understand how fees work you need to know what makes up a transaction fee. EIP-1559 Parameters How do transaction gas fees on OP Mainnet work? Managing the gas fees that make up the L2 execution fee. These platforms are expected to see a significant reduction in transaction costs. Jun 30, 2023 · Lower Transaction Fees: Optimism provides faster and cheaper transactions by handling most computational work off-chain, significantly reducing gas fees on the Ethereum network. Jan 20, 2023 · Usage: Had made App transactions (6) on Optimism across 6 distinct months: Addresses that remained active on Optimism for a longer period of time: 52,438: Usage: Spent ≥ $20 on Gas Fees: Addresses that have done a larger sum of activity on Optimism: 55,470 Mar 18, 2024 · We’ve just rolled out Matcha Auto to Optimism, the fifth network to benefit from token swaps and approvals without gas, as well as cost savings on MEV and better execution! Swap without gas on Optimism, Base, Arbitrum, Polygon and Ethereum! Matcha has over 5 million tokens which you can swap for free, as well as limit orders and cross chain Your Comprehensive Gas Fee Tracker: Real-Time Insights for 100+ Blockchains Feb 13, 2024 · Optimism plans to reduce gas fees through the Bedrock upgrade, which optimizes data compression and aims for a 40% reduction in gas fees and a 90% reduction in deposit confirmation times. It’s supported by DeFi platforms like Synthetix and Uniswap. Ethereum Fees. 28. Optimism significantly reduces transaction fees compared to the Ethereum mainnet by leveraging its Layer 2 optimistic rollups. What is gwei? Gwei is the smallest denomination of ETH that is equivalent to 1/1,000,000,000 of 1 ETH (1 ETH = 1,000,000,000 gwei). 42 to $0. Thankfully, Layer 2 scaling solutions like Optimism have emerged to offer faster 5,000 OP per 1 ETH of gas on the Superchain (i. Though this is the case, the cost to swap tokens on Optimism is lower than that of the two popular zkRollups, but still slightly higher than Arbitrum. Gas prices are denominated in gwei, which is a unit of measurement equal to 0. 58 dollars per transaction. Aug 30, 2023 · Both of these solutions offer a significant reduction in gas fees compared to Ethereum's mainnet. Arbitrum, and Optimism. OP Mainnet transaction fees are composed of an Execution Gas Fee and an L1 Data Fee . : $1/litre), gas price is the price of a unit of gas that a user is willing to pay for a transaction (Gas price is calculated in GWEI, 1 GWEI is 0. May 21, 2023 · • Lower gas fees: Users can save up to 90% on gas fees compared to Ethereum by using Optimism. 002 ETH of gas fees = 10 OP) You created engaging NFTs on Ethereum Mainnet: Total gas on Ethereum L1 in transactions involving transfers 2 of NFTs created by your address 1. The “rollup” method used by Optimism bundles hundreds of transactions on Ethereum into a single one. Gas calculations on Optimism are more complex because they must account for execution cost and the cost of storing transaction data on L1 (also known as call data). 01 on gas fees. This helps reduce network congestion and lowers gas fees. Optimism significantly reduces gas fees by bundling transactions off Jul 13, 2021 · Unsurprisingly, these answers are fundamentally related. This faucet is sponsored by Perpetual Protocol, leveraged trading on Optimism. Gas Price: Similar to how petroleum gas/fuel is priced (price per litre, e. By processing transactions off-chain, Optimism ensures faster speeds and reduced costs, enhancing the overall user experience. 008 gwei Jan 21, 2024 · From the review deposit, you will see that you have to pay a gas fee to the optimism chain. Optimism leverages a technique known as ”rollups” to process transactions in batches. 0000000002 ETH) which is currently $0. According to IntoTheBlock , a decentralized exchange (DEX) swap cost on Arbitrum is projected to drop from $2. Therefore, gas fees are paid in Optimistic ETH. Apr 22, 2024 · Hop’s fees include a Bonder fee and a destination transaction cost to cover the gas for sending funds from the Bonder to your wallet. Each component of the stack has its own considerations. 34 A more complex Smart Contract, Gas Fees at 95 GWEI still would've cost $2. A typical transaction cost on Optimism can be approximately ten times cheaper than on Ethereum. However, it is important to note that Arbitrum also has its limitations: Bridge to Optimism. Refer to the guide on OP Mainnet Transaction Fees for more information. Nov 26, 2023 · This article explores Optimism, a prominent Layer 2 solution on the Ethereum network, known for reducing gas fees and speeding up transactions. 8. 25 per Hop transfer. Optimism The OptimismPortal contract charges you for this L2 execution by burning a dynamic amount of L1 gas during your L1 to L2 transaction, depending on the gas limit you requested on L2. OP Mainnet charges the standard gas fee for transactions, but also charges an additional L1 data fee for the cost of publishing transaction data to Ethereum. Optimism's smart contract infrastructure minimizes gas costs by intelligently bundling multiple swaps together, reducing the number of transactions required to execute a trade. loopring has the lowest fees of all of them with pretty close to <1 cent. This feature simplifies contract execution and ensures Nov 26, 2023 · Lower fees: Gas fees have been a major pain point for Ethereum users, but with Arbitrum’s Optimistic Rollups, transaction costs are minimized. Explore and share data from Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche, Optimism, Fantom and Gnosis Chain for free. It is the virtual fuel required to execute transactions on the network. Optimism utilizes the Optimistic Virtual Machine for its operation. In normal English, this means Optimism's method is faster but potentially more expensive due to higher gas fees because it's executed on the L1. Optimism’s base fees are incredibly low, often well below 100 wei (yes wei). This priority fee is a price per unit of gas that is paid on top of the base fee. There is also a minimum fee of $0. 2 Gwei (0. 0001 to over USD 100) and depends on the blockchain you’re using and its current demand for block space. Gas Limit: Continuing the Oct 26, 2021 · Re-implementing parts of the EVM introduced gas overhead in comparison to existing, hyper-optimized versions. Making transactions on the Ethereum mainnet is expensive, as gas fees alone can easily outweigh the transaction itself. Jun 15, 2023 · Fees to send ETH on Optimism are now less than that of Starknet but still higher than Arbitrum One and zkRollup technologies Polygon zkEVM and zkSync Era. 43 An erc20 approval, Gas Fees at 11 GWEI still would've cost $0. Considering the instability of gas fees on the Ethereum network, Owlto adjusts fees based on the destination network's Gwei to ensure that its fees are lower than the average level. I'm trying to swap 50$ worth of ETH to PAINT, but it says it has $39. The first and most popular incident dates back to December 2017, when Cryptokitties clogged the… Jun 5, 2023 · Optimism, a layer 2 to the Ethereum blockchain, is set to implement on Tuesday its “Bedrock” upgrade, designed to improve the usability of the chain by lowering gas fees and cutting deposit Apr 26, 2022 · A dashboard on Dune Analytics indicates that Optimism cuts Ethereum transaction fees (also known as gas fees) by a staggering 129 times. In order to send and receive crypto on most blockchains, you must pay a transaction fee. 5 - $19. This makes it more affordable and accessible for users to interact with various protocols and DApps. Measured during the trailing 365 days before the airdrop cutoff (Jan 10, 2023 - Jan 10, 2024) 15,073 The initial release of custom gas token does not have special logic for taking into account the exchange rate between the custom gas token and ether. 4 days ago · What are gas prices on Optimism? Gas prices on Optimism are the fees that users pay to have their transactions processed on the network. In contrast, Arbitrum uses a fine-combing approach to FP verification. Gas fees increase as these users compete for space within the block. While Arbitrum boasts slightly higher efficiency, Optimism holds a slight edge in terms of security. The main innovation is proto-danksharding (EIP 4844), a scaling solution set to reduce the fees on Ethereum rollups by as much as 100 times. The funding will be used to expand the Optimism team and go The Optimism Token (OP) is used as a governance tool and it is not required to use Optimism or pay for gas fees. Read on to learn more about Optimism and how to use the layer-2 protocol to save on Ethereum transaction fees. xyz Web 3 Grants Gas Fees Calculator About Toggle Menu Mar 27, 2024 · One of the biggest challenges users face is the high gas fees associated with transactions on the Ethereum mainnet. L2 operator fees : This is the amount paid to the rollup nodes as compensation for computational costs incurred in processing transactions, much like Now that we understand the importance of tracking gas, we need to be familiar with reading an ETH gas fees chart. Like Ethereum, OP Mainnet uses an EIP-1559 style fee market to determine the current base fee per gas. The upside to Optimism’s solution is significantly lower gas costs on the L2 and a decrease in gas fees on Ethereum in the long run. Many of us might have seen gas fee spiking during periods of Blockchain ecosystem analytics by and for the community. Higher gas fees: While Optimism can significantly reduce gas fees for on-chain transactions, there are still some gas fees associated with using the network. Network fees are low, averaging around 0. The protocol strives to make transactions more affordable and seamless by processing them in batches using optimistic rollups. Just like every network, Optimistic Ethereum charges gas fees on transactions. 002 oETH, which will allow them to pay gas fees on the Optimism layer 2 network. Products & Services. Per Dune Analytics, Optimism secures about $740 million of on-chain value, as of March 2022, down from slightly over $1 billion in January. Optimism L2s transaction cost decline. What Are Optimism Gas Fees? Introduction In the ever-evolving realm of blockchain and cryptocurrencies, challenges like scalability and transaction costs persist. The amount of L1 gas charged increases when more people are sending L1 to L2 transactions (and decreases when fewer people are sending L1 to L2 transactions). 000000001 MATIC. You can see my general response to this idea over there - Change the use of OP tokens from a governance token to the main network token for gas payment - #13 by MinimalGravitas Ethereum Gas Tracker; Optimism Gas Tracker; Polygon Gas Tracker; Optimism. A simple eth transfer, Gas fees at 202 GWEI still would've cost $4. Aug 28, 2024 · You can use the official Optimism bridge or an alternative cross-chain bridge like Across Protocol to save on gas fees. Even on Base, known to be more affordable, an investor had to shell out 0. Keep in mind it takes 1 week to withdrawal literally anything off of optimism. What is Optimism? Optimism is a Layer 2 (or “L2”) blockchain that helps the Ethereum base layer (or Layer 1) scale via cheaper and faster transactions while inheriting the security of Ethereum. e. The execution fee is typically very low while the L1 fee depends entirely on the gas price on Ethereum. Their transaction fees dropped by up to 99% as a result. Feb 22, 2022 · A brief technical overview of how transactions are priced on Optimism Jun 12, 2024 · Optimism Fees vs. However, you need to have a decent amount of ETH to pay for gas. See the following for documentation for details on configuring each piece. OP Stack chains can be configured for the Chain Operator's needs. The post also discusses real-world use cases and applications in industries such as DeFi, NFTs Aug 28, 2024 · You can use this gas tracker to see the rates in real-time. 70 Gas fee. Optimism transaction fees: Just like the gas fee in Ethereum, an Optimism transaction fee is required for transferring ETH from the bridge to your wallet. 000000001 ETH. Sequential Transaction Processing: Optimism processes transactions sequentially rather than in parallel. The total transaction fee is therefore the gas price multiplied by the gas limit. This page provides a detailed look at exactly how transaction fees work on OP Mainnet so you can properly account for them in your application. , on the L2 optimistic rollup), batched, and posted to Ethereum L1 by the sequencer. Optimism ETH Faucet. 60. Back to Dex. Is this really the cost of swapping crypto on… Sep 29, 2023 · Several Ethereum scaling solutions have emerged over the past few years, with Optimism and Arbitrum among the more popular ones. The guide also offers insights on leveraging Optimism effectively while Feb 6, 2024 · Gas fees and usage. Back to the real world and onto rollup economics, let’s dive into gas fee mechanisms on Optimism! Gas fees on Optimism. Native Gas Token (ETH) OP Mainnet uses ETH as its native gas token. These fees aim to be substantially lower than Ethereum’s mainnet gas fees, providing a cost-effective blockchain experience. Feb 21, 2022 · Optimism's single-round fraud-proof (FP) relies on L1 to execute the entire L2 transaction. Once you have funds on Base, ETH is used to transact and pay for gas fees. Delving deep into its features and functionalities, we compare it with other solutions including Arbitrum and Polygon, aiming to deduce if it holds the future of Ethereum. We would like to show you a description here but the site won’t allow us. Source Explore tools like Gas Fees Calculator, discover Web3 Grants, and more for Crypto Entrepreneurs. 40 and on Optimism from $1. Arbitrum's way takes more time but is more cost-effective. Jun 3, 2022 · But, of course, just like Ethereum mainnet, Optimism requires ether (ETH) to cover gas fees. Estimate the L1 data fee. Security Assurance: Optimism maintains a high level of security by relying on Ethereum’s security as the settlement layer. This taught us that mimimizing gas costs required an EVM equivalent design philosophy. - buildooor/optimism-gas-tracker tracker chart tool history table ethereum site fees gas top Deciphering Optimism Gas Fees. Slippage on Hop is set to 0. Once you have transferred your chosen tokens from Ethereum to Arbitrum, you can now enjoy trading them at drastically lower fees at any Arbitrum-based DEX, such as Anyswap or 1inch. 02 to $0. Jul 16, 2023 · Reduced Gas Fees: Optimism significantly reduces gas fees, making the system more cost-effective for users. Gas explainedGas is an important concept within the Web3 world. You can then additionally specify a priority fee (also known as a tip) to incentivize the Sequencer to include your transaction more quickly. ) basically zk-rollup blow everything else out the water in all aspects. Gas fees in Optimism are made up of 2 components. For example, if the block base fee is 1 gwei and the transaction specifies a priority fee of 1 gwei, the total price per unit of gas is 2 gwei. 66 gwei | Avg: 2. 02 dollars in gas fees. In this post, we’re going to tackle question #1, sharing concrete figures for what fees users can expect in the near term. 5%. Currently, the protocol charges fees for users with scalars on the L1 blob fee and L1 base fee in ETH. 006 ETH $16. However, this exerts greater costs because on-chain L1 execution costs more gas, and the L2 fee is itself limited by the L1 gas block. Here’s how these fees work: no where in this space are fees that low so no. Optimism's native currency is ETH. Note that you need to choose the Arbitrum network in any exchange that you use. The first L2s to roll out support for proto-danksharding were Optimism and the OP chains (Base, Zora), as well as Starknet and zkSync. In addition to aggregating liquidity, Optimism also optimizes gas costs for users. These fees can be higher than the gas fees on other layer 2 solutions, such as Arbitrum. In the introduction, we saw that transactions are executed off-chain (i. The next block gas price forecast system supports more than 8 blockchains, including Ethereum, Polygon, Arbitrum, Bitcoin, ZkSync, Goerli, and more. This transaction fee can vary widely (from less than USD 0. 735 gwei | High: 3. So, which one packs more punch when it comes to making transactions faster, reducing gas fees, and offering a seamless user experience on the Ethereum network? Jun 22, 2022 · At the time of publication, the average gas fee is 42 gwei, with 1 gwei equal to 0. Similar to how a car needs gasoline to drive. So to begin using Optimism, you’ll need to send ETH to your MetaMask from another chain, such as Mar 14, 2024 · Within 24 hours of the upgrade, Optimism and chains based on Optimism’s tech stack, like Base, have seen the most critical gas fee reductions. The preVerificationGas required to charge for the L1 gas fee is inversely related to the L2 gas fee, thus requiring preVerificationGas to be extremely high (in the millions). This way, the FP verification is instant. Cryptoneur. guru. Any user who bridges 1,500 USDC tokens using the faucet will be instantly given 0. Transaction Fees. Transactions on OP Mainnet must pay for an L1 data fee on top of the standard execution gas fee you would expect on Ethereum. DexGuru is an Analytics Platform and Block Explorer for Optimism. Jun 2, 2022 · Firstly, as @NicoProducto pointed out, this is duplicating discussion. If you use a Layer 2 scaling solution like Arbitrum or Optimism, the fees can be under a dollar or two. Gas Trending 24h Jun 26, 2023 · Optimism, for example, is a layer-2 scaling solution that is helping Ethereum run computations off-chain and only publish transaction data on-chain in a bid to drastically reduce gas fees. Nov 16, 2023 · Ethereum Gas Fees Explained. Read more in our blog A Definitive Guide to Ethereum EIP-1559 Gas Fee Calculations: Base Fee, Priority Fee, Max Fee. How much can Optimistic Ethereum reduce your gas pain? Paste an Etherscan link to a transaction or select a preset transaction. Transactions are paid for in ETH and account balances are denominated in ETH. Mar 13, 2024 · According to IntoTheBlock statistics, for a DEX swap, the gas fee for Aribitrum will be reduced from $2. These numbers have turned away many small investors, put off by these astronomical costs. Fees increase until transactions per hour fall below the limit. Trading Terminal; Jul 1, 2022 · The two most prominent Optimistic rollups, Optimism, and Arbitrum, allow for the transaction of Ether or ERC-20 tokens at a throughput of ~2000-4000 TPS and at a fraction of the baseline Ethereum gas fee. Jul 17, 2024 · The gas fee for type-3 transactions takes into account the base fee for blobs, which is determined by the network based on blob-space demand and the blob-space usage of the transaction being sent. io. Optimism gas tracker site for the Optimism Mainnet network. The priority fee is an optional component of the execution gas fee and can be set to 0. 4, Optimism will be reduced from $1. Transaction speeds will ramp up over the coming weeks and months as the OΞ infrastructure is tested and optimized at scale, with the end goal of scaling to fully meet demand for low cost, high speed DEX trading. Ethereum, the second-largest blockchain globally, has grappled with congestion and soaring gas fees during peak times. Arbitrum Nova is also built with Nitro and is specially developed for dapps like gaming , social, and non-fungible token ( NFT ) projects which come with high transaction volumes and demand very low transaction fees . 51 because Jun 24, 2024 · With the Nitro upgrade, this Optimistic Rollup chain improved its speed and reduced gas fees. mttugy bqln die xrppb cmco ibt jmdgxjv ffyq kliypei brqa