Optimism


Markets

Why Polygon's MATIC Token Has Lagged During Past Year's Crypto Rally

MATIC was overvalued at the start of the ongoing crypto bull run, one observer said.

Polygon co-founders Sandeep Nailwal, Jordi Baylina and Antoni Martin (Polygon)

Opinion

Blast From the Future: Can You Plagiarize Something Meant to Be Copied?

Devs for the Blast L2 are accused of stealing open-source code that’s available to all. Is that cheating, or a sincere form of flattery?

Explosion (Luke Jernejcic/Unsplash)

Tech

As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians

The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?

Decentralized finance activity is starting to pick up. (Alina Grubnyak/Unsplash)

Tech

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all vying to win the technology mandate.

Like the suitors courting Penelope in the Odyssey, Ethereum's biggest layer-2 teams are vying to win over the Celo blockchain. (John William Waterhouse, via Wikipedia.)

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Consensus Magazine

Karl Floersch's 'Optimism' Tech Paved the Way for Coinbase's 'Base' Blockchain

The CEO of OP Labs helped create a set of tools that let developers build their own layer-2 chains.

Karl Floersch (Portrait by Mason Webb for CoinDesk)

Tech

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)

Markets

Altcoin Rally Cools as Massive $650M Worth of Token Unlocks Loom Over Crypto Market

Large unlocking events usually lead to price declines as the increase in supply outpaces investor demand for the asset, The Tie reported earlier this year.

Optimism price on Nov. 27 (CoinDesk)

Finance

Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M

Ethereum layer 2 Kinto network features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions.

Ramon Recuero, Kinto CEO and co-founder (Kinto)

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Tech

Blockchain Developer Lattice Unveils 'Alternative Data Availability' Network for Optimism

The new "Redstone" network, currently operating as a test network, is rooted in an effort to make blockchains cheaper for gaming and decentralized applications – relying on off-chain "data availability" providers as part of the broader setup.

Lattice Founder and CEO Justin Glibert (Lattice)

Tech

Circle to Enable Cross-Chain USDC Transfers With Cosmos's Noble Later This Month

Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism.

Jeremy Allaire, Co-Founder and CEO, Circle (Shutterstock/CoinDesk)