Of all the coins pumping lately, this one stuck in my mind. ๐ค
Optimism ($OP) is a Layer 2 scaling solution for Ethereum that can support all of Ethereumโs dApps.
Optimism puts all transaction data on-chain and runs computation off-chain, increasing Ethereumโs transactions per second and decreasing transaction fees.
Optimism puts all transaction data on-chain and runs computation off-chain, increasing Ethereumโs transactions per second and decreasing transaction fees.
Core Features of $OP -
๐ Almost immediate execution of transactions. The immediate confirmation of the transaction.
๐ The use of the Ethereum blockchain becomes ten times less expensive.
๐ The level of reliability and the effect of decentralization of Ethereum are preserved.
๐ Almost immediate execution of transactions. The immediate confirmation of the transaction.
๐ The use of the Ethereum blockchain becomes ten times less expensive.
๐ The level of reliability and the effect of decentralization of Ethereum are preserved.
Use Case of $OP Token -
๐ It is used to participate in project management with OP citizens.
๐ It is used to vote for the distribution of incentives for projects.
๐ It is used for project funding on Optimism.
๐ It is used to vote for protocol upgrades.
๐ It is used to participate in project management with OP citizens.
๐ It is used to vote for the distribution of incentives for projects.
๐ It is used for project funding on Optimism.
๐ It is used to vote for protocol upgrades.
Pros - ๐
๐ It is faster and cheaper while maintaining security.
๐ Its token has various utilities from participation to staking.
Cons - ๐
๐ They have competitors like Polygon & Arbitrum.
๐ They have an aggressive vesting schedule.
๐ It is faster and cheaper while maintaining security.
๐ Its token has various utilities from participation to staking.
Cons - ๐
๐ They have competitors like Polygon & Arbitrum.
๐ They have an aggressive vesting schedule.
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What are your thoughts on $OP?
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