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

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

Editorial Board
Editorial Board Published August 12, 2024
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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
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