Optimism
Last updated
Last updated
Optimism is another Layer 2 solution designed to improve Ethereumβs 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.
Reduced Transaction Fees: Optimism lowers transaction costs significantly compared to the Ethereum mainnet.
Compatibility with Ethereum: Optimism is fully compatible with Ethereumβs existing infrastructure, making it easy to integrate with existing projects and tools.
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.