Optimism (OP)
Blockchain Service
Optimism is a low-cost and lightning-fast Ethereum L2 blockchain.
May 3, 2022 00:00:00
ICO Details
What Is Optimism (OP)?
Optimism is a low-cost and lightning-fast Ethereum L2 blockchain.
Consists of three key components:
- Optimism’s security platform is the Ethereum mainnet
- The core of Optimism’s scalabilyti is the optimistic rollup
- Optimistic Virtual Machine (OVM): An Ethereum-compatible virtual machine that allows projects to function as if they were running on Layer 1 Ethereum
Optimism Unique Features
The Optimism network lets you send transactions, similar to Ethereum, but with two important advantages, and one feature that stays exactly the same.
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Near-instant transaction finality. You know almost immediately if your transaction took place or not.
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Much lower transaction fees. Typically between a 1% and 10% of the cost on the Ethereum mainnet (also known as layer 1 or L1)
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Decentralization: All transactions are posted to L1 Ethereum, inheriting the strong security guarantees of Ethereum.
Roadmap
Token Economy
The Optimism Token (ticker symbol OP) is an ERC-20 token that lets you participate in the governance of the Optimism protocol and public goods funding.
OP allows users to participate in the Optimism Collective, the governance system of the Optimism protocol and public goods funding. The specific mechanisms for governance and resource allocation are experimental and likely to evolve over time.
Detailed Token Metrics
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Token Distribution
Token Release Schedule
Partners & Advisors
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Team Members
Jinglan Wang (Co-Founder & CEO of Optimism): Former Director of Plasma Group.
Kevin Ho (Co-Founder of Optimism): Former of Hacker Cryptoeconomics study.
Investors
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