Optimism is blockchain built on top of Ethereum that has the goal of increasing the speed and reducing gas fees for the users of its dApps. Optimism batches transactions together and assumes that the transactions are valid, relying instead on a period of time for transactions to be called out as incorrect called a “challenge window”. This technique of positively assuming that a batch of transactions is valid is called an “optimistic rollup”. The OP token is used as a governance token within the Optimism Collective and was initially airdropped to verified early adopters of Optimism in May of 2022.
We are big fans of Optimism’s philosophy regarding simplicity and accessibility, but we are hesitant about its long-term viability due to Ethereum’s roadmap. Since Ethereum will be increasing its speed and lowering its gas fees, we’re having some trouble seeing how Optimism will stay relevant over time. That said, the introduction of the OP token and the Optimism Collective is a great start towards the goal of really establishing its ecosystem as a standalone contender for even more development and investment.
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Optimism is a Governance Tokenpowered by,uses to validate transactions,and is.Optimism also supports.
Interesting facts about Optimism
Here are some facts you may not already know about Optimism. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
The OP token was distributed based on a user’s activity both on Optimism and Ethereum.
Optimism’s OP token was made available to more than 250,000 users in May 2022.
The Optimism Collective is a governance collective with two "houses": the Token House and the Citizens' House.
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Optimism price and insights
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-0% past 1 week
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Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members -
# Telegram members -
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Optimism, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.