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BNB $604.50 -0.28%
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TRX $0.3323 +0.27%
DOGE $0.0702 +0.69%
ADA $0.1754 -0.77%
BCH $204.59 +0.43%
LINK $9.48 +0.54%
HYPE $59.54 +3.83%
AAVE $86.68 +0.62%
SUI $0.6784 +0.29%
XLM $0.1580 +0.70%
ZEC $512.53 +5.49%

World App releases an update that eliminates most L1 gas fees

2023-09-18 21:46:28

ChainCatcher news, the World coin project developers have released an update that bundles transactions, making the World App wallet significantly more scalable and cost-effective.

The update combines a series of technologies such as batching and compression to eliminate most of the L1 Gas fees. It also reduced Optimism's load by two-thirds. Since the update was released, World App has set a record for the highest single-day transaction volume ever, exceeding 500,000 transactions.

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