Ethereum’s L2 solution ‘Optimism’ rallies 300% in a month — will OP price gains sustain?
Optimism eyes an increase in adoption after the Merge upgrade triggers Ethereum’s “Rollup-Centric Roadmap.” Go to Source Powered by WPeMatico
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Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees … Read more
Optimism loses 20M tokens after L1 and L2 confusion exploited
Although the airdrop took place less than two weeks ago, problems have already arisen for the vaunted layer-2 scaling solution’s team and market maker. Go to Source Powered by WPeMatico
Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S. dollar in the … Read more
Vitalik shows support for Optimism’s governance structure and OP gas proposal
The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance. Go to Source Powered by WPeMatico
Optimism token falls 40% prompting calls to bar dumpers from airdrops
“Why should Optimism Collective continue rewarding these kinds of mercenary actors who will dump their tokens on first sight? Why should any future airdrops reward these addresses?” an OP governance member argued. Go to Source Powered by WPeMatico
Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’
“Wow, what a day. OP Drop #1 had a turbulent launch which we finally stabilized after more than five hours of non-stop work,” Optimism stated. Go to Source Powered by WPeMatico
Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor may turn out to be clairvoyant with predictions that layer-2 scaling solutions on Ethereum will take center stage in the coming months. Go to Source Powered by WPeMatico
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling … Read more
Optimism-based projects spike on rumors of token airdrop
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. Go to Source Powered by WPeMatico
