The Ethereum blockchain has become increasingly congested, leading to slow transaction speeds and high fees. Optimism addresses these limitations by offering a more scalable alternative:

• Rollup Technology: Optimism utilizes a Layer 2 scaling technique called Optimistic Rollups. This processes transactions off-chain (on Optimism) for faster speeds and lower fees, while relying on the Ethereum blockchain for security and final settlement.
• EVM Compatibility: Optimism is compatible with the Ethereum Virtual Machine (EVM). This allows developers to easily port existing Ethereum dApps (decentralized applications) to Optimism, accelerating adoption.
• Growing DeFi Ecosystem: Optimism boasts a thriving ecosystem of DeFi (Decentralized Finance) applications, offering users a wider range of financial services within the Ethereum network.
• Strong Community & Governance: Optimism is backed by a strong community and a fair governance system. The OP token allows stakeholders to participate in the decision-making process for the future development of the platform.