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“Why should Optimism Collective continue rewarding these kinds of mercenary actors who will dump their tokens on first sight? Why should any future airdrops reward these addresses?” an OP governance member argued. Go to Source Powered by WPeMatico
“Wow, what a day. OP Drop #1 had a turbulent launch which we finally stabilized after more than five hours of non-stop work,” Optimism stated. Go to Source Powered by WPeMatico
A mysterious Redditor may turn out to be clairvoyant with predictions that layer-2 scaling solutions on Ethereum will take center stage in the coming months. Go to Source Powered by WPeMatico
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling … Read more
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. Go to Source Powered by WPeMatico
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round. The scaling solution reached a valuation … Read more
According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure tools alongside Starknet’s zero-knowledge (ZK) rollup technology. Israel-Based Startup Starkware Partners With Alchemy On Monday, the blockchain startup Starkware announced the team has inked a … Read more
Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently. Go to Source Powered by WPeMatico
On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. According to Freeman, the vulnerability, which has been patched, could have allowed an attacker to create an infinite amount of … Read more
Ethereum scaling startup Optimism disclosed a “critical bug” fix in the project’s Geth fork that would have allowed malicious hackers to create infinite ETH Go to Source Powered by WPeMatico
