Key learning points
BNB Chain and MetaMask fixed an issue that caused opBNB gas costs to appear unusually high.
The issue was due to MetaMask’s default minimum recommended price for gas, which was not in line with OpBNB’s lower gas rates.
The corrected algorithm now accurately reflects OpBNB’s lower gas rates and provides users with fast, cheap and secure transactions.
The fault explained
MetaMask had initially set a standard minimum recommended price for gas based on the average of all networks. While this approach generally works for most Layer 1 (L1) and Layer 2 (L2) networks, it did not match opBNB’s gas price structure. As a result, users were under the impression that opBNB was more expensive or slower than it actually is.
Collaboration for a solution
BNB Chain contacted MetaMask to address the issue. MetaMask was “extremely helpful and agreed to update their algorithm to accurately reflect the actual opBNB gas price,” according to BNB Chain’s official statement. This joint effort led to an immediate solution, meaning that the gas rates displayed are now in line with what opBNB actually charges.
Verify the solution
Users can verify the corrected gas rates by switching to the opBNB network on MetaMask and comparing the gas rates with other networks. The update aims to provide a more accurate picture of OpBNB’s competitive advantage in terms of lower gas rates, especially if the network is not congested.
Implications for the Web3 ecosystem
Resolving this glitch is an important step toward building a more robust and user-friendly Web3 ecosystem. It not only saves users money, time and energy, but also supports a decentralized and scalable blockchain.
Disclaimer and Copyright Notice: The content of this article is for informational purposes only and is not intended as financial advice. Always consult a professional before making any financial decisions. This material is the exclusive property of Blockchain.News. Unauthorized use, duplication or distribution without express permission is prohibited. Any permitted uses require appropriate credit and direction to the original content.
Image source: Shutterstock