Audience
Blockchain developers that want to scale Ethereum
About Optimism
The new scalability stack for Ethereum. Instant transactions and scalable smart contracts. Optimism is a Public Benefit Corporation (PBC): a for-profit corporation intended to produce a public benefit and operate in a responsible and sustainable manner. This means that we are obligated to balance the pecuniary interests of our stockholders with the best interests of those materially affected by our conduct, as well as a specific "public benefit charter" we incorporated with. The specific public benefit purpose of the Company is to enhance and enshrine fair access to public goods on the internet through the development of open source software. This charter represents our pledge to the Ethereum community to uphold its values by producing infrastructure which promotes the growth and sustainability of an ecosystem of public goods.
Other Popular Alternatives & Related Software
zkSync
zkSync is Ethereum’s most user-centric ZK rollup. Unlike any other scaling approach, ZK rollup has no upper bound on the value it can securely handle in L2. Unlike optimistic rollups, all assets can be moved capital-efficiently and fast between ZK rollup and L1. zkSync has the lowest real tx costs across all existing and planned rollups. zkSync also supports meta-transactions, instant confirmations with economic finality, low-cost privacy, and more. Ease and fun of development are at the core of zkSync design. Integrate payments and atomic swaps in a few lines of code. Develop type-safe, functional style smart contracts on Zinc: a Rust-based framework. Deploy your existing EVM codebase with minimum modifications.
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Loopring
Loopring is an open protocol for building scalable non-custodial exchanges on Ethereum. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. You can trade on Loopring to test it out. Loopring is an open-sourced, audited, and non-custodial exchange protocol, which means nobody in the Loopring ecosystem needs to trust others. Cryptoassets are always under users' own control, with 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of underlying blockchains is no longer the bottleneck. Loopring performs most operations, including order-matching and trade settlement, off the Ethereum blockchain.
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Starknet
Starknet is a permissionless decentralized ZK-Rollup operating as an L2 network over Ethereum, where any dApp can achieve unlimited scale for its computation, without compromising Ethereum's composability and security. Starknet achieves scale, while preserving the security of L1 Ethereum by producing STARK proofs off-chain, and verifying those proofs on-chain. On Starknet, developers can easily deploy any business logic using Starknet Contracts. Starknet will provide Ethereum-level composability, facilitating easy development and compounding innovation. The STARK Prover powers the StarkEx scalability engine, and has already demonstrated the ability to process 600K transactions in a single proof on Mainnet.
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Arbitrum
Next generation layer 2 for Ethereum dApps. Use your favorite tools and scale your dApp at the lowest cost. An aggregator plays the same role that a node plays in Ethereum. Client software can do remote procedure calls (RPCs) to an aggregator, using the standard API, to interact with an Arbitrum chain. The aggregator will then make calls to the EthBridge and produce transaction results to the client, just as an Ethereum node would. Most clients will use an aggregator to submit their transactions to an Arbitrum chain, although this is not required. There is no limit on how many aggregators can exist, nor on who can be an aggregator. To improve efficiency, aggregators will usually package together multiple client transactions into a single message to be submitted to the Arbitrum chain. Arbitrum also supports a privileged Sequencer that can order transactions and give low latency transaction receipts.
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Company Information
Optimism PBC
Founded: 2019
United States
optimism.io
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