Optimism

Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.

Active Addresses on Blockchain Hit All-Time High: A16z Data
According to a16z crypto's State of Crypto Index, active addresses across various blockchains hit an all-time high for the second month in a row in May. The venture fund notes 19.47 million active addresses across blockchains including Ethereum, Polygon, Solana, Optimism, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain
Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.

Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'
The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade
Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’
The upgrade, a hard fork proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust
The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape
Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?

Optimism’s OP Token Jumps Ahead of a16z Project Announcement
Traders anticipated Andreessen Horowitz's plans to build a scaling product on top of Optimism.

A16z Says It's Working on an Optimism-Based Rollup Client Called Magi
The news comes a day after the firm teased a potential blockchain announcement by tweeting an orange dot.

