Fantom is exploring adding optimistic rollups to connect to Ethereum | Headlines | News | CoinMarketCap

08/09/2023 21:17
Fantom is exploring adding optimistic rollups to connect to Ethereum | Headlines | News | CoinMarketCap

Last month, Celo network proposed and approved a plan to turn its Layer 1 blockchain into a Layer 2 on Ethereum using optimistic rollups — a …

Last month, Celo network proposed and approved a plan to turn its Layer 1 blockchain into a Layer 2 on Ethereum using optimistic rollups — a move that initially pumped its native token 18% when it was first announced.

In an interview on The Scoop, Fantom Foundation co-founder and architect Andre Cronje said that Fantom is actively considering and investigating a similar move to integrate optimistic rollups to connect the Fantom blockchain to Ethereum.

“We have been looking at Optimistic Stacks, Arbitrum Stack, all of these things to see how their canonical bridges use these proofs to be able to have [a] higher security guarantee,” Cronje said. “Are we considering one of their stacks to become our own canonical bridge? Yes, we are. And we are actively investigating that.”

Cronje …

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