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optimism
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  • About

Company Info

Optimism is an Ethereum-supported Layer 2 solution that holds the capability to solve Ethereum's scalability issues while working similarly to the Ethereum Blockchain.

Key Features:

  • It is created to improve the transaction speed and reduce costs while taking care of the security and decentralization of the Ethereum Network. 
  • Transactions on Optimism are much more cost-effective than those on the Ethereum mainnet.
  • Its native token is OP used for transaction and governance within the ecosystem.
  • Offers cross-chain asset transfers for bridging of assets between Layer 1 (Ethereum) and Layer 2 (Optimism).

FAQs

1. Is Optimism secure?

Yes, it is considered safe because it relies on Ethereum's Layer 1 security for finalizing transactions. 

2. What dApps are supported by Optimism?

Uniswap, 1inch, Aave, and Synthetix. 

Company Details

Launch Date

Mar-2018

Contact Details

Social Media

  • twitter

Primary Category

  • DeFi

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