Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Optimism, one of the major layer-2 networks, has managed to get a slew of clients and firms to deploy their own blockchains using its technology, known as the OP Stack.in the form of grants. Officials within the Optimism ecosystem say those tokens are supposed to help different projects kickstart their building on OP Stack.blockchain in a box
Optimism’s first major client to come out of OP Stack was Coinbase’s Base — last year. But in recent months, additional projects have broken toward the ecosystem, withIt's a crucial development in the evolution of the broader blockchain universe, since layer-2 networks stand at the heart of developers' efforts to make transactions faster and cheaper in the Ethereum ecosystem.
The tokens designated to BOB come from a different grant bucket, called Retroactive Public Goods Funding , which is distributed through Optimism’s DAO, not the Foundation. The Grants Council, which is part of the DAO, is in charge of distributing those tokens, which takes place over cycles. Wyatt added: “Whether we're at a point where it's just a fact that if you're going to launch an L2, you're going to just go with OP Stack, I think it's too early to say. But if any large institutions, companies, are coming into this space, and they want to be an L2, I think you start orienting more like, ‘Why would we not choose the OP Stack?’”
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