What is OP?

_{What is Optimism (OP)?}

Optimism (OP) is a Layer 2 scaling solution for the Ethereum blockchain.
Designed to speed up transactions and reduce the cost of using Ethereum
It uses a technology called Optimistic Rollups, which allows transactions to be executed faster.
And there are lower fees than transactions that occur directly on Ethereum's Layer 1.

_{Native Blockchain:}

Optimism (OP) is not a native blockchain, but a Layer 2 scaling solution.
Powered by Optimism on the Ethereum blockchain, Optimism uses Optimistic Rollups technology to optimize transactions on Ethereum.
By processing some transactions on Layer 2 and then sending the results to Ethereum (Layer 1) for validation and security.

_{Protokola Konsensus:}

Optimism (OP) uses the Optimistic Rollups technique, a method of managing transactions on Ethereum's Layer 2.
But Optimism relies on Ethereum's Proof of Stake (PoS) authentication protocol.
For the security of data stored on Ethereum Layer 1

_{Founder/Date founded:}

Optimism is led by the Optimism Foundation, a non-profit organization committed to growing the Optimism ecosystem.

_{Objective/Use case:}

Developing a Layer 2 Scaling Solution for the Ethereum Blockchain
To address the issue of transaction speed and high fees on Ethereum.
By using Optimistic Rollups technology, which allows transactions to be executed faster and at lower costs.
At the same time, it maintains the security and integrity of the data that is stored on Ethereum (Layer 1).

_{Total supply/Limit or Unlimited:}

The total number of tokens is 4,294,967,296 tokens.

_{Supply Deflation:}

Tokens are burned when fees are applied to transactions in the system. This reduces the number of tokens in circulation and reduces the supply of tokens.

_Source:

www.coingecko.com

https://coinmarketcap.com

www.optimism.io

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