What is Optimism Crypto Blockchain? – Katoch Tubes
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Everything About Optimism Crypto blockchain

Everything About Optimism Crypto blockchain

By: Katoch Tubes

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What is Optimism Crypto?

What is Optimism Crypto?

Introduced in June 2019 & launched in Dec 2021, Optimism is a low-cost, secure & permissionless layer 2 crypto blockchain built on top of the  Ethereum network.

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Why do we need Optimism?

Why do we need Optimism?

Ethereum is the most preferred L1 chain  for building dapps.  The surge in-demand  led to network  congestion & increased  gas fees. Optimism help reduce the same.

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What is  Optimism OP Token?

What is  Optimism OP Token?

OP is the native  governance token  of the network. The token holders will  be given special rights  to participate in the key governing decisions.

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Optimism Airdrop

Optimism Airdrop

Eligible users must  have interacted  with the Optimism  bridge or projects  in the past to be eligible for the  Airdrop.

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Optimism Crypto Funding

Optimism Crypto Funding

Optimism project is  very well funded.  Recently, it closed $150 million Series B funding round, raising its overall  valuation to  $1.65 billion. Making it a Unicorn.

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Optimism Competitors

Optimism Competitors

The top  projects competing  with Optimism  blockchain are  Polygon, Arbitrum, Immutable X  and LOOM.

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