The Offchain Labs team discovered two serious security vulnerabilities in the Optimism fraud proof system and revealed the nature and potential impact of these vulnerabilities.
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 YuanJinseFinance“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 and Arbitrum are two of the largest Layer 2 (L2) solutions utilizing Optimistic rollup technology to scale the Ethereum network. This article will make a comprehensive comparison.
CointelegraphOptimism 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.
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