#optimism
53 articles found
Latest
ZK Stack Unveiled: zkSync's Answer to Optimism’s Superchain
zkSync Era is breaking new ground with the introduction of ZK Stack, a state-of-the-art framework that incorporates Hyperchains. These are tailor-made blockchains anchored in zero-knowledge proofs, which act as an innovative layer above the prevailing layer-2 protocols.
Yesterday, an investor filed a lawsuit in Delaware Chancery Court, accusing Coinbase's board members, including Chairman and CEO Brian Armstrong, of selling $2.9 billion in stock during the company's public listing two years ago. The lawsuit claims that the board later revealed "material, negative information" that severely impacted market optimism.
In a separate legal issue, another lawsuit was filed in San Francisco on the same day, alleging that Coinbase violated Illinois' biometric privacy law. The complaint asserts that the company collected customer data without obtaining proper consent beforehand.
As Coinbase faces these dual legal challenges, it seems the company is in for a tumultuous ride. It remains to be seen whether these lawsuits are simply part of a fear, uncertainty, and doubt (FUD) storm brewing on the horizon, or if they represent more substantial concerns for the cryptocurrency giant. Arbitrum DAO Shake-Up: Where Will 700 Million ARB Go?
On March 16th, the Arbitrum Foundation made a big announcement about their ARB token airdrop and the creation of the Arbitrum DAO. This news was met with much excitement and positivity in the cryptocurrency community. It gave the market a boost of optimism. However, things have taken a mysterious turn with the Arbitrum DAO and it's unclear what is going on. Optimism Rebranded As OP Mainnet
In a strategic move to align with its vision of building a network of interconnected Layer 2 blockchains, Optimism has rebranded itself as OP Mainnet. The name change signifies the distinction between the core blockchain infrastructure and the encompassing ethos of “Optimism.” OP: Exploring Optimism's Governance Token
Optimism, a second-layer blockchain developed to enhance Ethereum's scalability, is managed by the Optimism Collective community, comprised of OP token holders. The community is divided into two branches: Token House and Citizens House, both of which play a critical role in making decisions about the project's direction. Bedrock’s Optimism: Enhanced Performance and Reduced Fees
The team behind Optimism has officially affirmed that their major update, termed 'Bedrock', will be rolled out on the main network on the 6th of June. This upgrade primarily aims to bolster security, instill stability, and significantly cut down transaction fees. Synthetix Review: Fake Assets or a Promising Niche?
Synthetix is a decentralized liquidity layer that operates on both Ethereum and Optimism. Its principle is based on creating synthetic assets, which are pegged to the price of cryptocurrencies, fiat currencies, or even precious metals such as gold or silver.
The Coinbase exchange presented its own "second layer", which will be called Base. The network is built in cooperation with Optimism.
Welcome to the testnet, where you can test the development of new dexes, wallets, NFTs, landings, and more.
The project's goal is ambitious: to push the industry to 1 billion users. 



