8/4/2023 0 Comments Optimism ethereum![]() That's why I submitted this post for you to critique. I'm not afraid to be corrected or learn from those who know more than I do. ![]() Jinglan said it, not me.ĮDIT 2: I understand my interpretation of events surrounding optimism may be incorrect. I'm just pissed at the lack of urgency surrounding L2 solutions and and how this is panning out.ĮDIT: downvote me all you want, still doesn't change the facts of the matter. I love ETH and have been hodling since 2017. It's no wonder xDai and polygon are eating into Ethereum's market share. How can we possibly trust or rely on anything Optimism says at this rate? This whole situation is unfortunate and unacceptable at this point. I understand that projects get delayed, but this is pretty alarming. Soooo just barely a month ago, Jinglan and company didn't have any idea that mainnet wouldn't be ready in March? That Chainlink, an integration partner doesn't even have price feeds, but that mainnet would be ready in March? They didn't even have block explorers or wallets ready? Lol. But were told Chainlink was an "integration partner, but for the last 6 months they've done basically nothing? No price feeds. And chainlink hasn't deployed anything yet?! Notably, Chainlink already has price feeds on xDai and their oracles are ready as well (with documentation). Other things in this category include oracles, indexers, etc." n order for a project to upgrade safely, we need to integrate a multisig prior to launch. to be ready for launch so people can use L2 as safely as possible. "We especially want things like token bridges, infrastructure providers, block explorers, multisigs, wallets, etc. Interestingly, when recently asked on Discord why Optimism needed to wait until they (synthetix, uniswap, chainlink) were ready, Jinglan said: Then we learn the other day that Optimism is delayed. Just over a month ago, Optimism blogged that they hired all this new talent and that they would be launching mainnet instead of the public testnet this march.Īlso, back in September, Optimism blogged their roadmap and informed that synthetix, uniswap, and chainlink would be integrated onto the testnet so they would be ready to go when mainnet was, stating "we will be preparing some of our other early adopters for testnet integrations so that they are ready to deploy once the full testnet is running." In other words, the system lets users conduct transactions when certain conditions are met, enhancing the efficiency of the blockchain.Hear me out. Last week, OP Labs also introduced its Drippie transaction system, “an Ethereum-native, trust-minimized conditional transaction mechanism” that aims to address the automation issues associated with on-chain activities.Īccording to OP Labs, “Drippie is basically an Ethereum-native version of If This Then That (IFTTT), a programmable Web2 service that can combine various triggers ('Kelvin sent a tweet') with actions ('email me the tweet')." ![]() Other improvements in the pipeline include optimized code that will allow nodes to sync 50 times faster, a 20% cut in the cost of data submission to layer 1 by roughly 20%, as well as support for several alternative proof systems, including the rival architecture called ZK-rollups. It promises a four-fold reduction in the time of deposits from layer 1 to layer 2-quite a significant achievement, if realized, given it can take up to seven days for the current Optimistic design to settle the dispute period within the validity of a transaction can be challenged. The Bedrock upgrade was first announced in May this year, and is described as “the cheapest, fastest, and most advanced rollup architecture” that ever existed. It will lay the protocol's foundation for years to come and serve as THE model for rollup architecture. Optimism Bedrock is coming soon™️, and when it does it will change the rollup game forever.
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