Optimism


Tech

Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain

Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.

(David Mark/Pixabay)

Tech

Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'

The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."

OP Labs CEO Karl Floersch. (Optimism)

Finance

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade

Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.

VELO/USDT chart (TradingView)

Tech

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’

The upgrade, a hard fork proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”

Layered bedrock. (NASA)

Tech

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.

digital identity ID

Tech

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape

Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?

Layer 2s with native tokens and blockchain bridges might introduce more problems than they fix as blockchain scaling solutions, Trust Machine's Rena Shah argues. (Creative Commons, modified by CoinDesk)

Markets

Optimism’s OP Token Jumps Ahead of a16z Project Announcement

Traders anticipated Andreessen Horowitz's plans to build a scaling product on top of Optimism.

OP's price chart (Trading View)

Tech

A16z Says It's Working on an Optimism-Based Rollup Client Called Magi

The news comes a day after the firm teased a potential blockchain announcement by tweeting an orange dot.

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California (Haotian Zheng/Unsplash)

Finance

A Mysterious A16z Tweet Sparked a Rally in Crypto Project Optimism's OP Token

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California (Haotian Zheng/Unsplash)

Videos

Real 'Shapella' Winners Likely to Be Layer 2s: Runa Digital Assets COO

Investors are eyeing the price of ether (ETH) ahead of Ethereum's Shapella upgrade expected on April 12. Runa Digital Assets chief operating officer Max Williams argues that the real winners from this upgrade are likely to be Layer 2s like Arbitrum and Optimism.

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