How does Optimism achieve true decentralization?
Pushing the Optimism Collective toward functional decentralization.
JinseFinancePushing the Optimism Collective toward functional decentralization.
JinseFinanceOptimism once again teamed up with Uniswap to launch the ERC-7802 cross-chain asset standard, bringing new prospects for improving the efficiency of cross-chain transactions.
JinseFinanceThe design principle of ERC-7802 is "bridge agnosticism": in cross-chain scenarios, the token contract is separated from the specific cross-chain bridging technology or protocol as much as possible.
JinseFinanceOptimism, an Ethereum layer 2 scaling solution, is set to unlock $81 million in OP tokens next week. This release, totaling over 24 million tokens, aims to reward contributors and aligns with the recent Canyon upgrade. Despite the anticipation, OP is currently trading at $3, down 2% in the past week, with a market cap of $2.9 billion.
Cheng Yuan“This is a big deal for OP mainnet,” Karl Floersch, CEO and co-founder of OP Labs, the company behind the blockchain, told CoinDesk this week in an interview.
OthersOptimism has garnered interest from the most influential figures in the crypto Industry like Vitalik Buterin.
CointelegraphSeveral projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees.
CointelegraphThe Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance.
CointelegraphThere are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability.
CointelegraphOptimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption.
Cointelegraph