Optimism company info

What does Optimism do?
Optimism (CRYPTO:OP) is an Ethereum Layer 2 scaling solution that uses optimistic rollups to reduce transaction fees and improve scalability. Optimism is operated by the Optimism Foundation, a non-profit organization that is responsible for the governance and development of the Optimism protocol. Optimism works by bundling transactions together and processing them off-chain. This reduces the load on the Ethereum mainnet and allows Optimism to process transactions much faster and cheaper than the mainnet. Optimism is also secured by the Ethereum mainnet, which means that all transactions on Optimism are ultimately secured by the Ethereum blockchain.
Company Snapshot

How many people does Optimism employ?

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Employees
10+

What is the market cap for Optimism?

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Market Cap
$2.84B

Where is the head office for Optimism?

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Head Office
New York, United States

What year was Optimism founded?

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Year Founded
2017
What does Optimism specialise in?
/Layer 2 /Optimism Ecosystem

What are the products and/or services of Optimism?

Overview of Optimism offerings
Decentralized application (DApp) development: Optimism provides a platform for developers to build and deploy decentralized applications on Ethereum.
Developer tools and infrastructure: The OP Stack provides a suite of tools and infrastructure that makes it easy for developers to build and deploy DApps on Optimism.
Grants program: The OP Grants Program provides funding to projects that are building on the Optimism network.
Layer-2 scaling: Optimism is a Layer-2 scaling solution for Ethereum that uses optimistic rollups to reduce transaction fees and improve scalability.
Optimistic rollups: Optimism bundles transactions together and processes them off-chain, which reduces the load on the Ethereum mainnet and allows for faster and cheaper transactions.
Security: Optimism is secured by the Ethereum mainnet, which means that all transactions on Optimism are ultimately secured by the Ethereum blockchain.