This website collects cookies to deliver better user experience, you agree to the Privacy Policy.
Accept
Sign In
The Texas Reporter
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Optimism Plans To Unlock Superchain Interoperability Subsequent 12 months – “The Defiant”
Share
The Texas ReporterThe Texas Reporter
Font ResizerAa
Search
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© The Texas Reporter. All Rights Reserved.
The Texas Reporter > Blog > NFTs > Optimism Plans To Unlock Superchain Interoperability Subsequent 12 months – “The Defiant”
NFTs

Optimism Plans To Unlock Superchain Interoperability Subsequent 12 months – “The Defiant”

Editorial Board
Editorial Board Published August 12, 2024
Share
SHARE

The launch of native Superchain interoperability is designed to make transacting throughout ecosystem networks really feel like utilizing a single chain.

Optimism plans to introduce native interoperability for Superchain networks subsequent 12 months.

On Aug. 12, Optimism unveiled its Superchain interoperability roadmap, which the crew goals to roll out in 2025. Along with facilitating frictionless cross-chain transfers, Optimism will introduce common token requirements such because the SuperchainERC20 to make sure fungibility throughout ecosystem chains.

Optimism described the present course of for transacting throughout networks throughout the Superchain as “expensive and slow” because of the ecosystem’s reliance on Layer 1 Ethereum for cross-chain communication and asset transfers. Against this, native interoperability strives to make utilizing a number of networks throughout the Superchain really feel like transacting on a single blockchain.

“We’re setting out to build a unified Superchain where users, assets, and developers move seamlessly across the network,” Optimism stated. “By bringing native Interoperability to the OP Stack and leveraging the use of open source standard interfaces, we aim to enhance UX in the Ethereum ecosystem.”

Native interoperability will first go dwell on devnet earlier than progressing to a testnet launch adopted by its mainnet deployment. Optimism additionally hopes to allow interoperability between Superchain-based dApps sooner or later.

Superchain

Optimism’s Superchain seeks to ascertain an interconnected and interoperable ecosystem of networks constructed leveraging the OP Stack.

The Superchain ecosystem presently spans OP Mainnet, Base, Fraxtal, Metallic, Mode, Redstone, Worldcoin, and Zora. Superchain networks host $14.8 billion price of property mixed and course of 4.5 million transactions each day.

“Interoperability will make [Superchain] the largest liquidity layer for developers after L1,” Optimism stated.

Optimism isn’t alone in in search of to foster an interconnected ecosystem of Layer 2 networks, with ZkSync striving to ascertain the Elastic Chain of ZK Stack-base networks, and Polygon constructing its AggLayer.

Optimism acknowledged the rising liquidity fragmentation and user-experience challenges related to Ethereum’s increasing Layer 2 ecosystem among the many motivations fueling its Superchain endeavor.

“Ethereum should evolve to a point where users can focus on their tasks without worrying about which chain they are on,” Optimism stated. “When using a web2 application, users don’t think about which cloud provider they are using; they just use the app… The Superchain needs to feel like one chain.”

The value of Optimism’s OP token is up 3.2% over the previous 24 hours, based on CoinGecko.

Learn Extra: Optimism Celebrates Stage 1 Decentralization With Permissionless Fault Proofs

TAGGED:DefiantInteroperabilityOptimismplansSuperchainUnlockYear
Share This Article
Twitter Email Copy Link Print
Previous Article Nate Silver charts the course of risk-taking, from Sam Bankman-Fried to Sam Altman
Next Article Carrie Underwood Divorce Rumors: Is This The Finish?

Editor's Pick

30 Dinner Recipes for When You Don’t Really feel Like Cooking (And It’s Too Sizzling Anyway)

30 Dinner Recipes for When You Don’t Really feel Like Cooking (And It’s Too Sizzling Anyway)

There’s a lot to like about summer time: the straightforward, breezy, carefree days, the extra hours of sunshine, and naturally,…

By Editorial Board 13 Min Read
Alpine’s Sizzling Hatch EV Has a Constructed-In, ‘Gran Turismo’ Model Driving Teacher

One other win over its Renault 5 sibling is a multi-link rear…

3 Min Read
Louis Vuitton Is Dropping a New Perfume As a result of It’s Sizzling | FashionBeans

We independently consider all beneficial services and products. Any services or products…

2 Min Read

Latest

Tron’s Plans to Go Public Increase Eyebrows Over Trump Household Ties – “The Defiant”

Tron’s Plans to Go Public Increase Eyebrows Over Trump Household Ties – “The Defiant”

The Layer 1 blockchain plans to go public through reverse…

June 16, 2025

Republicans love Trump’s plan to assault Democratic cities

GOP lawmakers are lining as much…

June 16, 2025

The Louvre is shutting its doorways after staffers spontaneously go on strike in protest of seismic crowds and ‘untenable’ working situations

PARIS (AP) — The Louvre, the…

June 16, 2025

Caitlyn Jenner Flees Israel Amid Bombings, Says She Has No Regrets About Go to

Studying Time: 3 minutes Caitlyn Jenner…

June 16, 2025

I Examined 30+ Electrical Toothbrushes for two Weeks Every to Choose the Greatest

Honorable MentionsThere are much more electrical…

June 16, 2025

You Might Also Like

Tron to Go Public through Nasdaq Reverse Merger After U.S. Pauses Probe, FT Says – “The Defiant”
NFTs

Tron to Go Public through Nasdaq Reverse Merger After U.S. Pauses Probe, FT Says – “The Defiant”

Digital-asset platform Tron plans to go public after U.S. authorities paused an investigation into its billionaire founder Justin Solar, the…

1 Min Read
CoinShares Seeks SEC Approval for Spot Solana ETF, Eighth Submitting in Rising Race – “The Defiant”
NFTs

CoinShares Seeks SEC Approval for Spot Solana ETF, Eighth Submitting in Rising Race – “The Defiant”

Digital-asset supervisor CoinShares submitted an S-1 registration assertion to the US Securities and Trade Fee on 16 June looking for…

1 Min Read
Trump-Backed Fact Social Information with SEC for Spot Bitcoin-Ethereum ETF ‘BT’ – “The Defiant”
NFTs

Trump-Backed Fact Social Information with SEC for Spot Bitcoin-Ethereum ETF ‘BT’ – “The Defiant”

Fact Social, the social-media firm based by former U.S. President Donald Trump, has submitted an S-1 registration assertion to the…

1 Min Read
MicroStrategy Buys 10,100 Bitcoin for .05 Billion, Holdings Attain 592,100 BTC – “The Defiant”
NFTs

MicroStrategy Buys 10,100 Bitcoin for $1.05 Billion, Holdings Attain 592,100 BTC – “The Defiant”

MicroStrategy stated it purchased 10,100 bitcoin between 9 June and 15 June for about $1MicroStrategy stated it purchased 10,100 bitcoin…

1 Min Read
The Texas Reporter

About Us

Welcome to The Texas Reporter, a newspaper based in Houston, Texas that covers a wide range of topics for our readers. At The Texas Reporter, we are dedicated to providing our readers with the latest news and information from around the world, with a focus on issues that are important to the people of Texas.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© The Texas Reporter. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?