Description
Optimism is a Layer 2 scaling solution enhancing Ethereum by using Optimistic Rollups for instantaneous transactions and smart contract scalability, ensuring transactions are executed efficiently without compromising on Ethereum's security. Their technology, the Optimistic Virtual Machine (OVM), mirrors Ethereum's Virtual Machine's functionalities, allowing for easy smart contract deployment with minimal alterations. Demonstrated through a partnership with Uniswap at Devcon V, Optimism showcases its ability to support high-volume applications affordably. As a Public Benefit Corporation, Optimism is distinctive in its commitment to balance profit generation with generating tangible public benefits, adhering to a specific public benefit charter.
Optimism is a Layer 2 scaling solution enhancing Ethereum by using Optimistic Rollups for instantaneous transactions and smart contract scalability, ensuring transactions are executed efficiently without compromising on Ethereum's security. Their technology, the Optimistic Virtual Machine (OVM), mirrors Ethereum's Virtual Machine's functionalities, allowing for easy smart contract deployment with minimal alterations. Demonstrated through a partnership with Uniswap at Devcon V, Optimism showcases its ability to support high-volume applications affordably. As a Public Benefit Corporation, Optimism is distinctive in its commitment to balance profit generation with generating tangible public benefits, adhering to a specific public benefit charter.