Optimism

Optimism is another Layer 2 solution designed to improve Ethereum’s scalability by using optimistic rollups. It processes transactions off-chain and periodically submits the data to Ethereum, ensuring security and reducing costs.

Optimism is an interesting option for artists looking for a balance of cost, speed, and security.

Strengths

• Reduced Transaction Fees: Optimism lowers transaction costs significantly compared to the Ethereum mainnet.

• Compatibility with Ethereum: Optimism is fully compatible with Ethereum’s existing infrastructure, making it easy to integrate with existing projects and tools.

Weaknesses

• Development Phase: Optimism is still in development, and users may encounter occasional issues.

• Growing Community: While expanding, the community and ecosystem around Optimism are not as large as other more established blockchains, which may impact immediate resource availability.