Optimism foundation


Tech

Celo Migration to Layer-2 Network Is Done, Bringing in New Era for the Blockchain

The transition ends a long journey beginning back in July 2023 and a fierce competition, won by Optimism, convincing the Celo ecosystem to build with their tech.

Celo co-founders Marek Olszewski and Rene Reinsberg (Celo Foundation)

Tech

Uniswap Labs Officially Launches Layer-2 ‘Unichain’

Powered by Optimism's OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum's mainnet.

Uniswap Labs CEO Hayden Adams (Uniswap Labs)

Tech

Sony’s Layer-2 Blockchain 'Soneium' Goes Live

The 78-year-old technology giant is the latest big name company to release a blockchain using Optimism's OP Stack.

Sony Block Solutions Lab Director Sota Watanabe (Startale Labs)

Tech

Kraken’s Ink Layer-2 Goes Live

The team had originally planned for Ink to go live in early 2025, so the launch of the main network is ahead of schedule.

Kraken CEO Jesse Powell

Tech

Is Optimism's 'Superchain' Winning the Ethereum Layer-2 Race?

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where teams encouraged developers to clone their code to spin up new layer 2s. Now, one project in particular, Optimism, appears to be pulling away as the clear leader.

Optimism Foundation Chief Growth Officer Ryan Wyatt (Optimism Foundation)

Tech

Kraken Picked Optimism's 'Superchain' After Getting a Pile of OP Tokens

CoinDesk is first to report that the crypto exchange Kraken's decision to build on Optimism's OP Stack framework came with a big, previously undisclosed grant from the Optimism Foundation – of 25 million OP tokens, worth about $42.5 million at the current price.

Business deal. (Shutterstock)

Tech

Optimism Pushes for 'Interoperability' Between Affiliated Blockchains

Optimism-affiliated networks, including Coinbase's Base, that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.

Co-founder of OP Labs Mark Tyneway (OP Labs)

Tech

Optimism Finally Gets Its Mission-Critical 'Fault Proofs'

For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.

OP Labs CEO Karl Floersch. (Optimism)

Tech

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

Celo Foundation President Rene Reinsberg (Celo)

Tech

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.

Celo Foundation President Rene Reinsberg (Celo)

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