What is Optimism and the OP Mainnet? | Headlines | News | CoinMarketCap

10/12/2023 21:16
What is Optimism and the OP Mainnet? | Headlines | News | CoinMarketCap

In the realm of blockchain technology, scalability remains a significant challenge. This is where OP Mainnet, a Layer 2 scaling solution for …

In the realm of blockchain technology, scalability remains a significant challenge. This is where OP Mainnet, a Layer 2 scaling solution for Ethereum, comes into play. It's specifically designed to provide faster transactions at a fraction of the cost, helping to address Ethereum's scalability issues.

In this article we'll take a look at OP Mainnet and the wider Optimism ecosystem.

What is the OP Mainnet?

The OP Mainnet, formerly called Optimism, is the main blockchain network in the Optimism ecosystem. It was built by OP Labs and runs on its software called the OP Stack.

OP Mainnet is a Layer 2 network that operates on top of Ethereum's architecture, acting as a minimal extension of the main Ethereum layer. It allows developers and crypto users to enjoy quick transactions at …

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