Optimism (OP) has been a major contender in the Ethereum scaling race for a while now. Let’s dive into what Optimism is, why it’s important for Ethereum, and what the future holds for this Layer 2 solution. What is Optimism? Optimism is a Layer 2 scaling solution built on top of the Ethereum blockchain. It uses a technique called optimistic rollups to process transactions much faster and cheaper than on the main Ethereum network. Here’s the gist: transactions happen on Optimism, but they are ultimately secured by the Ethereum blockchain,…
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