Optimism, a key player in the cryptocurrency and decentralized finance (DeFi) sectors, has seen significant developments from 2021 to 2024, including a drastic reduction in transaction fees on its platform from $100 to $0.5 *last week*. This progress is attributed to technological advancements and strategic initiatives such as the implementation of EIP-4844, OP Stack Decentralization, and the development of the Superchain, which have collectively contributed to exponential growth. Recently, Optimism launched the feature-complete OP Stack fault proof system on Ethereum's Sepolia test network, marking a critical step towards addressing long-standing criticisms regarding its security features. With fault proofs now live on testnet, the next step is launching on the mainnet, setting the stage for future growth and the achievement of Stage 2 decentralization.
OP Mainnet tests 'fault proofs' in bid to strengthen network security https://t.co/eHqYcy6S6f
superchain fault proofs live on testnet next step: mainnet, then working to stage 2 https://t.co/RkmGGS9LUp
Open-source, feature-complete fault proofs are live on OP Sepolia! With permissionless validation, anyone can participate in the system without an allowlist. This milestone is another step towards multi-proof nirvana that will allow Optimism to reach Stage 2 decentralization.…
After a false start and years of delay (and criticism), @Optimism will begin testing fault proofs on Ethereum's Sepolia test network today. @skesslr reports https://t.co/WTxyfzZtUV
The feature-complete OP Stack fault proof system that supports permissionless validation lands on testnet today. This has long been a fair criticism of @Optimism, which many contributors have focused on remedying. Next stop: put into production on Superchain mainnet. 🍿🔥
from 2021-2024, we saw tech finally make crypto usable: on our own site, fees on @Optimism fell from $100 to $0.5 *last week*. we saw apps that could let any creator make money. we saw defi innovation that caps downside for good. and we did the same bullish thing we always do:…
For over a year, our strategy has been to "skate where the puck is going." While others dismissed what @Optimism was building towards, we leaned in. The thesis was simple: EIP-4844 + OP Stack Decentralization + Superchain = Exponential Growth And it's just getting started. https://t.co/rxNw3DsM2G