4 Must-Know Updates

Published: 07 October 2023
on channel: Ethereum-Blockchain-Developer | BlockOnAir
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🚀 Exciting News! OpenZeppelin Contracts 5.0 has arrived! 📦

OpenZeppelin Contracts 5.0 is here, marking a major milestone in Solidity library evolution since 2021. This update modernizes the library, enhances efficiency, and strengthens security practices. 🔐

🌟 Key Highlights:

📜 Simplifications: Token hooks, Ownable, and Governor have been streamlined for efficiency and security.
📦 Namespaced Storage: Introducing ERC-7201 for safer upgrades.
⛽ Efficiency improvements, reducing gas consumption
👥 Modernizing access control with AccessManager
🚫 Custom Errors: Replacing revert strings for optimized deployments.
🤖 Flexible Access Management: AccessManager for more efficient role management.

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