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What Is Optimism (OP): The Simple Layer 2 ETH Scaling Solution

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Altcoins
Blockchain
Jul 19, 2023
14 min read
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If you're looking for a promising crypto technology to invest in, Optimism stands out as an excellent choice. Its innovative rollup technology has positioned it as a top-tier Layer 2 blockchain that skillfully addresses Ethereum’s scalability challenges. 

This article delves into the intricacies of Optimism and its underlying technology, and sheds light on the prospects it holds for investors of OP tokens.

Key Takeaways:

  • Optimism is an L2 blockchain designed to scale Ethereum in a simple, secure and flexible way via its optimistic rollup technology. 

  • Optimism has combined its mainnet with other L2 chains to form a Superchain, which aims to merge the current siloed structure of L2s into a single interoperable chain to improve user experience with L2 chains.

  • OP is the governance token of the Optimism network. It’s distributed through two airdrops, with the community eagerly awaiting a third airdrop.

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