Arbitrum Reduces Gas Fees with ArbOS Atlas Upgrade

🔥 Gas Fees Slashed!

By Arbitrum
Mar 28, 2024, 7:10 PM
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Arbitrum has announced further reductions in gas fees for its Arbitrum One layer 2 scaling solution.​ The ArbOS Atlas upgrade, which went live on March 19th, introduces lower fee floors and average fees.​ Specifically, the L1 surplus fee per compressed byte has been reduced from 32 gwei to 0, and the L2 base fee minimum has been lowered from 0.​1 gwei to 0.​01 gwei.​ These changes, combined with the recent Ethereum Dencun upgrade enabling blobspace data availability, are expected to improve affordability and enable greater economic activity on Arbitrum at lower costs.​ Further enhancements, such as the upcoming Stylus upgrade, are anticipated to bring additional efficiency improvements.​

Sources

Blobs are finally on Ethereum, here's an update on Arbitrum support! 1⃣ Tomorrow, all Arbitrum rollup chains can start to see lower fees as a result of Dencun x ArbOS Atlas upgrade. 2⃣ March 18th there will be additional fee reductions for Arbitrum One, as per ArbOS Atlas.

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The blobs have arrived on Ethereum! 🐡 The Dencun upgrade has successfully launched on Ethereum mainnet making it one of the biggest upgrades to support Layer 2’s in scaling Ethereum. Now with the Ethereum mainnet upgrade complete, we expect the ArbOS Atlas upgrade to be

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We're excited to upgrade all of Caldera's Orbit chains to Atlas, bringing Ethereum blobspace as a data availability layer to our users and dramatically reducing costs for their communities. Long live Ethereum.

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Arbitrum
@arbitrum

The blobs have landed on Arbitrum! 💙 🐡 ArbOS 20 "Atlas" is now live, blobs are in effect, reducing data posting costs. ⛽ Additional execution gas fee reductions for Arbitrum One will go live on March 18. More details below 👇 offchain.medium.com/da106378326b

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