diff --git a/.dockerignore b/.dockerignore
index 24acb01f..dd7c1a72 100644
--- a/.dockerignore
+++ b/.dockerignore
@@ -1,18 +1,23 @@
-# Generated by Cargo, executables
-target
-
 # GitHub workflows/actions
 .github
 
+# Folder containing files for bundler spec tests
+bundler-spec-tests
+
 # Documentation
 docs
 
-# Dockerfile
-Dockerfile
+# Scripts
+scripts
 
-# Folder containing files for bundler spec tests
-bundler-spec-tests
+# Generated by Cargo, executables
+target
 
-# Third party dependencies
-crates/contracts/thirdparty/account-abstraction/*
-tests/thirdparty/bundler/*
+# Other files
+.gitignore
+CODEOWNERS
+CONTRIBUTING.md
+docker-compose.yml
+Dockerfile
+rustfmt.toml
+tomlfmt.toml
diff --git a/.github/scripts/install_geth.sh b/.github/scripts/install_geth.sh
new file mode 100755
index 00000000..9da7bd60
--- /dev/null
+++ b/.github/scripts/install_geth.sh
@@ -0,0 +1,14 @@
+#!/usr/bin/env bash
+
+set -eo pipefail
+
+# install geth
+
+GETH_VERSION="1.12.0-e501b3b0"
+
+wget -c "https://gethstore.blob.core.windows.net/builds/geth-linux-amd64-$GETH_VERSION.tar.gz"
+tar -xf "geth-linux-amd64-$GETH_VERSION.tar.gz"
+mv geth-linux-amd64-$GETH_VERSION/geth /usr/local/bin/
+chmod a+x /usr/local/bin/geth
+
+geth version
diff --git a/.github/scripts/install_solc.sh b/.github/scripts/install_solc.sh
new file mode 100755
index 00000000..da729f3c
--- /dev/null
+++ b/.github/scripts/install_solc.sh
@@ -0,0 +1,13 @@
+#!/usr/bin/env bash
+
+set -eo pipefail
+
+# install solc
+
+SOLC_VERSION="v0.8.20"
+
+wget -c "https://github.com/ethereum/solidity/releases/download/$SOLC_VERSION/solc-static-linux"
+mv solc-static-linux /usr/local/bin/solc
+chmod a+x /usr/local/bin/solc
+
+solc --version
diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index 7cb81ac4..fc44142c 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -28,8 +28,9 @@ jobs:
           components: clippy
 
       - name: Setup Rust toolchain (nightly)
-        uses: dtolnay/rust-toolchain@nightly
+        uses: dtolnay/rust-toolchain@master
         with:
+          toolchain: nightly-2023-12-27
           components: rustfmt
 
       - name: Install cargo tools
@@ -62,16 +63,12 @@ jobs:
       - name: Setup third-party dependencies
         run: |
           make setup-thirdparty
-      
-      - name: Install Geth and solc
-        run: |
-          sudo add-apt-repository ppa:ethereum/ethereum
-          sudo apt-get update
-          sudo apt-get install solc
-          wget -c https://gethstore.blob.core.windows.net/builds/geth-linux-amd64-1.12.0-e501b3b0.tar.gz
-          tar -xf geth-linux-amd64-1.12.0-e501b3b0.tar.gz
-          mv geth-linux-amd64-1.12.0-e501b3b0/geth /usr/local/bin/
-          chmod a+x /usr/local/bin/geth
+          
+      - name: Install geth
+        run: .github/scripts/install_geth.sh
+
+      - name: Install solc
+        run: .github/scripts/install_solc.sh
       
       - name: Build
         run: |
diff --git a/.github/workflows/publish_image.yml b/.github/workflows/publish_image.yml
index c20f1f66..327f2e44 100644
--- a/.github/workflows/publish_image.yml
+++ b/.github/workflows/publish_image.yml
@@ -44,6 +44,28 @@ jobs:
         run: |
           echo "IMAGE_NAME_LC=${IMAGE_NAME,,}" >>${GITHUB_ENV}
 
+      - name: Fetch third-party dependencies
+        run: |
+          make fetch-thirdparty
+  
+      - name: Setup Yarn cache - submodule "thirdparty/account-abstraction"
+        uses: actions/setup-node@v3
+        with:
+          node-version: '16.17'
+          cache: 'yarn'
+          cache-dependency-path: crates/contracts/thirdparty/account-abstraction
+  
+      - name: Setup Yarn cache - submodule "thirdparty/bundler"
+        uses: actions/setup-node@v3
+        with:
+          node-version: '16.17'
+          cache: 'yarn'
+          cache-dependency-path: tests/thirdparty/bundler
+        
+      - name: Setup third-party dependencies
+        run: |
+          make setup-thirdparty
+
       - name: Build and push Docker image
         uses: docker/build-push-action@ad44023a93711e3deb337508980b4b5e9bcdc5dc
         with:
diff --git a/Dockerfile b/Dockerfile
index eaed4349..615b6a8c 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,40 +1,55 @@
-# build
-FROM ubuntu:18.04 AS builder
+FROM lukemathwalker/cargo-chef:latest-rust-1 AS chef
+WORKDIR /app
 
-RUN apt-get update && apt-get -y upgrade && apt-get install -y build-essential software-properties-common ca-certificates curl gnupg git clang pkg-config libclang-dev libssl-dev
-RUN add-apt-repository ppa:ethereum/ethereum && apt-get update && apt-get install -y solc
+LABEL org.opencontainers.image.source=https://github.com/silius-rs/silius
+LABEL org.opencontainers.image.licenses="MIT OR Apache-2.0"
+
+# build cargo-chef plan
+FROM chef AS planner
+COPY . .
+RUN cargo chef prepare --recipe-path recipe.json
+
+FROM chef AS builder
+COPY --from=planner /app/recipe.json recipe.json
 
-RUN mkdir -p /etc/apt/keyrings
-RUN curl -fsSL https://deb.nodesource.com/gpgkey/nodesource-repo.gpg.key | gpg --dearmor -o /etc/apt/keyrings/nodesource.gpg
-RUN echo "deb [signed-by=/etc/apt/keyrings/nodesource.gpg] https://deb.nodesource.com/node_16.x nodistro main" | tee /etc/apt/sources.list.d/nodesource.list
-RUN curl -sS https://dl.yarnpkg.com/debian/pubkey.gpg | apt-key add -
-RUN echo "deb https://dl.yarnpkg.com/debian/ stable main" | tee /etc/apt/sources.list.d/yarn.list
+# Set the build profile to be release
+ARG BUILD_PROFILE=release
+ENV BUILD_PROFILE $BUILD_PROFILE
 
-RUN apt-get update && apt-get install -y nodejs yarn
+# Install system dependencies
+RUN apt-get update && apt-get -y upgrade && apt-get install -y pkg-config libclang-dev libssl-dev
 
-WORKDIR /rust
+# Install solc
+RUN wget -c "https://github.com/ethereum/solidity/releases/download/v0.8.20/solc-static-linux"
+RUN mv solc-static-linux /usr/local/bin/solc
+RUN chmod a+x /usr/local/bin/solc
 
-RUN curl --proto '=https' --tlsv1.2 -sSf https://sh.rustup.rs | sh -s -- -y
-ENV PATH="/root/.cargo/bin:$PATH"
+# Builds dependencies
+RUN cargo chef cook --profile $BUILD_PROFILE --recipe-path recipe.json
 
-WORKDIR /silius
+# Build application
 COPY . .
+RUN cargo build --profile $BUILD_PROFILE --locked
 
-RUN make fetch-thirdparty
-RUN make setup-thirdparty
-RUN make build
+# Copy application
+RUN cp /app/target/$BUILD_PROFILE/silius /app/silius
 
-# run
-FROM frolvlad/alpine-glibc:alpine-3.17
+# Use alpine as a runtime image
+FROM frolvlad/alpine-glibc:alpine-3.17 AS runtime
 
+# Create data folder
 RUN mkdir -p /data/silius
 
+# Install system dependencies
 RUN apk add openssl1.1-compat
 
-COPY --from=builder /silius/target/release/silius /usr/local/bin/silius
+# Copy silus binary
+COPY --from=builder /app/silius /usr/local/bin/silius
 
+# Copy licenses
+COPY LICENSE-* ./
+
+# Expose ports
 EXPOSE 3000 3001
 
 ENTRYPOINT ["/usr/local/bin/silius"]
-
-LABEL org.opencontainers.image.source=https://github.com/silius-rs/silius