Optimism, the Layer-2 network that uses Optimistic Rollups to scale Ethereum applications, has changed its name to “OP Mainnet.”
Optimism Will Be Referred to as OP Mainnet
Optimism, the Layer-2 network that uses Optimistic Rollups to scale Ethereum applications, has changed its name to “OP Mainnet.” The move is intended to reflect the project's objective to create a "superchain" network of many Layer 2 blockchains.
Optimism, which now has approximately $1.3 billion in total value locked (TVL), will be referred to as OP Mainnet. Optimistic Rollups address scalability issues in the Ethereum network by enabling quicker and less expensive transaction processing.
OP Labs, the developer of OP Mainnet, operates a development software stack referred to as the OP Stack, which enables developers to launch their own Layer 2 blockchains. Coinbase is developing its own layer-2 blockchain, Base, using the OP Stack, while BNB Chain recently announced a layer-2 chain built using the OP stack.
