๐Ÿš€ GOAT Network Osaka Upgrade

We are excited to announce that GOAT Network has completed integration with Ethereum's Osaka hard fork, along with significant economic model optimizations. This upgrade brings major improvements to scalability, security, user experience, and cost efficiency.

๐Ÿ“… Upgrade Activation Schedule

Note: The upgrade will automatically activate once the timestamp is reached. No manual intervention is required for regular users.

๐Ÿ“ข What's New?

GOAT Network has merged the latest go-ethereum v1.16.7, incorporating all Fusaka hard fork features. Additionally, we have optimized the network's economic parameters to reduce transaction costs and ensure long-term sustainability.

โœจ Key Highlights

๐Ÿ”น For Users

๐Ÿ”น For DApp Developers

๐Ÿ’ฐ Economic Model Optimization

This upgrade includes carefully calibrated economic adjustments designed to benefit users while ensuring network sustainability.

Transaction Fee Reduction

What this means: Users will pay significantly lower transaction fees, making GOAT Network one of the most cost-effective BTC L2 solutions available.

Network Sustainability Adjustment

What this means: The modest reduction in block rewards, combined with increased network capacity, creates a more sustainable tokenomics model. This adjustment helps control inflation while maintaining strong incentives for network security.

๐Ÿ“‹ Complete Upgrade Contents

Scaling & Performance

Security Enhancements

New Features

RPC Improvements

โ“ What Do You Need to Do?

๐Ÿ‘ค Regular Users

Nothing. Continue using GOAT Network as usual. You will automatically benefit from lower fees and all other improvements.

โš ๏ธ Important Notice: If you have previously saved custom gas settings in your wallet, please update them to:

  • Max Fee: 0.000130007 Gwei
  • Priority Fee: 0.00013 Gwei

Otherwise, you may be overpaying for transactions.

๐Ÿ‘จโ€๐Ÿ’ป DApp Developers

Nothing required, but recommended:

  • Update fee estimation logic to reflect new lower priority fees
  • Consider implementing passkey authentication for better UX
  • Take advantage of increased gas limits for complex operations

๐Ÿ–ฅ๏ธ Node Operators

Action Required: Please update your node software to the latest version before the upgrade activates.

Releases

https://github.com/GOATNetwork/goat-geth/releases/tag/v0.4.0

https://github.com/GOATNetwork/goat/releases/tag/v0.4.1

๐Ÿ”— Resources

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๐Ÿš€ GOAT Network Osaka Upgrade
Dec
11
By
GOAT
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