Optimism

Optimism is a Layer 2 scaling solution for Ethereum based on optimistic rollups.

What Is Optimism (OP)? Optimism is a Layer 2 Ethereum network based on optimistic rollups, designed to lower gas costs and increase transaction throughput.

An Ethereum Layer 2 network focused on simplicity and cost efficiency. It also uses Optimistic Rollups to decrease congestion on Ethereum and enhance dApp performance for users.

Public Goods Scaling: Used for governance of the Optimism network, with a focus on funding open-source development and public goods using transaction revenue.

Public Good Funding: An Ethereum Layer 2 that directs portions of ecosystem incentives toward public goods. The token governs the Optimism Collective, including its dual-house governance system.