OP Labs: Fjord upgrade will be launched on OP Mainnet on July 11

Odaily News OP Labs published a post on X stating that the Fjord upgrade will be launched on OP Mainnet at 0:01 on July 11, Beijing time. This upgrade will bring new features and reduce costs, including 20 times lower smart wallet key verification costs through RIP-7212 precompilation; developers can create smart wallet experiences without scale and cost restrictions; more accurate pricing functions and more efficient Brotli batch compression, transaction costs will drop by 5 to 15%; sequencer drift increased from 10 minutes to 30 minutes, etc.