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Optimism is Ethereum, scaled. As a leading Layer 2 scaling solution, Optimism aims to reduce transaction costs and increase throughput for Ethereum applications, making decentralized technology more accessible and performant.
Optimism is a Layer 2 scaling solution for Ethereum, implementing Optimistic Rollups to drastically lower transaction fees and improve transaction speed while inheriting Ethereum's security.
Ethereum mainnet faces challenges with scalability, leading to high gas fees and network congestion, which hinders widespread adoption and usability for many applications and users.
Utilizes Optimistic Rollups technology to bundle transactions off-chain and post compressed data to Ethereum mainnet, significantly reducing gas costs.
Provides full EVM equivalence, allowing developers to deploy existing Ethereum dApps and smart contracts with minimal or no code changes.
Ensures security by posting transaction data to Layer 1 Ethereum and using fraud proofs to challenge invalid state transitions.
Optimism is suitable for a wide range of decentralized applications that require high transaction throughput and low fees.
Deploy and use decentralized finance applications (DEXs, lending protocols, yield farming) with reduced gas fees, making frequent transactions economically viable.
Enables more capital-efficient trading, lending, and yield farming strategies due to lower transaction costs.
Create, buy, sell, and transfer Non-Fungible Tokens (NFTs) at a fraction of the cost compared to transacting on Ethereum mainnet.
Lowers the barrier to entry for creators and collectors, enabling more dynamic activity within NFT ecosystems and play-to-earn games.
Build and deploy decentralized social networks, gaming platforms, and other consumer-facing dApps that require frequent user interactions.
Provides a smoother, more responsive user experience by enabling faster, cheaper on-chain actions.
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