The term Layer 1 refers to the underlying blockchain architecture in the blockchain ... Both Arbitrum and Optimism are Layer 2 Optimistic rollups, meaning they handle transactions on their network ...

The overhaul, ENSv2, will see a complete re-architecture ... Blockchain Labs unveiled plans to launch their own rollup networks. Instead of ZK rollups, however, those projects use layer-2 Optimism ...

Optimism was ... which is a Layer 1 blockchain. In short, Layer 1 blockchains are hard to build out – so they are slower, expandable universes – while Layer 2 blockchains are faster and ...

Layer 2 projects are built on top of Ethereum as opposed to Layer 1 changes which alter the existing architecture of Ethereum’s blockchain ... after its competitor Optimism pushed back its ...

This way, Layer 1 is not overloaded and shares its security with Layer 2. Some of the biggest examples of Layer 2 are Polygon, Arbitrum, and Optimism ... is the main blockchain architecture ...

The primary developer behind the Celo blockchain has been on the hunt since last year for the technology for its planned layer-2 network atop ... proposed using Optimism’s OP Stack for the ...

Optimism, a “layer 2” scaling solution for the Ethereum blockchain, set June 6 as the ... The upgrade “implements a modular architecture that separates the OP stack into consensus, execution ...

The price of optimism token (OP) rose by 6.5% Thursday after Coinbase (COIN) said it is building its layer 2 blockchain using the OP Stack in collaboration with Optimism. OP is the native token of ...